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It’s Mostly a Demand Shock, Not a Supply Shock

6 pointsby ruffreyover 3 years ago

1 comment

daeminover 3 years ago
I read through the report a bit but stopped when they said there is not enough Coal to meet demand, they showed a graph of Coal supply in China but didn&#x27;t acknowledge anything about why it is low.<p>They say &quot;environmental regulation in China&quot; but that&#x27;s pure BS. China are having a Trade war with Australia and have therefore stopped importing Coal. So if China wanted to they could stop shooting themselves in the foot and import Coal from Australia again.<p>The other graphs appear reasonably on track with seasonal usage and demand.<p>TLDR: Would not recommend reading.