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Request for Real Time Coal Prices: https://www.procurementresource.com/resource-center/coal-price-trends/pricerequest
A flammable black or brown or brownish-black sedimentary rock is known as coal, which forms rock strata called coal seams. With varying proportions of other elements, primarily hydrogen, nitrogen, oxygen, and sulfur, carbon, coal is mostly made of carbon. Dead plant material decomposed into peat, which is then transformed into coal by the action of heat and pressure of deep burial over thousand of years.
The Asia Pacific holds the biggest portion of the global coal market and has a massive consumer base for the product. North America, the Middle East, and Europe also have the major coal markets.
Key Details About the Coal Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the coal price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Coal analysis, pricing database, and price chart can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Coal Price Trend:
The Coal price trend is essentially impacted by its industrial usages such as electricity generation, metallurgical coal as the major ingredient in steel making, and production of cement.
Coal is also employed as town gas, because when coal is heated and pressurised with steam for domestic cooking, heating, and lighting, chemical production and other industries like glass, textile, and paper.
Key Market Players:
- BHP Group Limited
- China Shenhua Energy Co. Ltd
- Anglo American Plc
- China Coal Energy Co. Ltd.
- Arch Coal Inc.
- Coal India Ltd.
- Glencore Plc
- JSC Siberian Coal Energy Co
News and Events:
- November 2021: Golden energy, a Singapore-listed company, and Stanmore, which are primarily owned by Resources Ltd., and which holds and runs two open-cut metallurgical coal mines in the Bowen Basin, approved to buy BHP’S 80% investment in BHP Mitsui coal.
Related Price Trend:
- Coking Coal Price Trend – https://www.procurementresource.com/resource-center/coking-coal-price-trends
- Fuel Oil Price Trend – https://www.procurementresource.com/resource-center/fuel-oil-price-trends
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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