Hi all
So, another Fossil fuel continues to Tank!
Thermal coal spot price tumbles 25 per cent, putting pressure on some producers!
https://www.abc.net.au/news/rural/2020-05-15/spot-price-for-coal-drops-by-25pc/12241502
"The spot price for thermal coal has fallen 25 per cent per cent in the past month with one leading analyst saying it is because of a reduction in demand and a fundamental global shift to renewables".
The yearly slide of coal.......
https://markets.*.com/commodities/coal-price
Just another nail in the coffin for FF's and another step closer to renewable's and battery storage............
CD (2020 gives AJM another flat week )
GLTALTH
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