2min chapter

The HC Commodities Podcast cover image

Coal Trading with Hayn Park

The HC Commodities Podcast

CHAPTER

The Volatility of the Oil Market

Coal has not received investment in a long time therefore it has had no flexibility on the on the supply side in the oil market for example. Coal does not benefit from any of that so what it has to do is if the demand for it gets too high it has to go up. Nobody's going to open up a new coal mine simply because the prices are high and nobody's there to provide you with financing.

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