Coal consumption is under pressure. In developing economies, coal demand
continues to grow but more slowly than in the past. In China,
environmental policy, domestic protectionism, weaker economic growth and
structural change in the economy caused the arrival of "peak coal" last
year in coastal regions.
Meanwhile, western economies continue to
transition away from coal. Seaborne providers are adapting. Low oil
prices, mining productivity improvements and FOREX changes are helping
miners adapt.
[http://www.woodmac.com/reports/coal-global-thermal-coal-long-term-outlook-h1-2015-29372108]
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