The World Bank’s economists have painted a bleak picture for global coal prices in the next three years even if by historical standards it’s still looking good.

In its latest monthly global commodity outlook, the Bank forecasts coal prices will fall 49% this year, 26% in 2024 and 15% in 2025, assuming the conflict in the Middle East does not escalate. But this is still well above the 2015-19 price, notes the Bank...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.