Coal Trading with Hayn Park
The HC Commodities Podcast
00:00
The Volatility of the Energy Transition
Coal traders were some of the most successful teams at these trading houses 15 years ago. The last three years have been incredibly volatile for coal and it is indicative of what happens to these markets as they degrade through a lack of financing. Thermal coal has not received investment in a long time so it means that the capex has been low any kind of reinvestment has had to come from operations which has made these coal companies much more nimble.
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