Coal prices plummeted, a good opportunity for Vietnam's energy industry

World gia than in 2019 have many changes, specifically sharply reduced compared to previous years. After 1 year of fluctuations, in 2020, the gia than has not been significantly adjusted. It can be said that this is the second opportunity for countries with strong coal demand like Vietnam to import and supply to the market.

All types of coal are reduced to the lowest price. The reason for this change is due to many different recording factors. However, it is mainly because many other demand markets have changed their energy use policies, taking renewable energy to replace coal sources, avoiding polluting the environment when burning. Items such as coking coal coking down coal prices suddenly surged in 2019 and until the first months of 2020, the situation still stood still.

Gia than in the market mostly ranges from 55 USD / ton - 77 USD / ton, depending on specific source and ability to exploit coal at the mine. Large backlog, forced to lower costs to solve. However, this is only a temporary solution, and in a short time will adjust more appropriately, avoiding economic crisis.

Gia than recover quickly or slowly, depending on many other factors, such as market assessment, demand and supply of reserves, etc. These factors affect how the price of coal will be sold.

For more information on the market price of coal, please follow the next updated articles.

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