China could become a net exporter of coal again before 2020, which would see
the seaborne thermal coal market weakened again, the report finds.
One result: the deep structural decline in
seaborne thermal coal markets.
Not exact matches
At a time when industry analysts laughed at the suggestion, Carbon Tracker was already modelling the impact of Chinese
thermal coal demand peaking on the
seaborne markets.
The companies in aggregate represent 66 % of the global
seaborne market in iron ore, 53 % in copper, 42 % in metallurgical coal and 28 % in
thermal coal.
Seaborne trade in
thermal coal rose to about 690 million tons this year, up from 385 million in 2001.