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King Coal is Losing its Crown

Categories: Commodities, Guest Post, Price Forecast Tags: General News, Guest Posts, IHS, L2 Spend Matters welcomes this guest post from Ben Orhan, senior economist at pricing and purchasing, IHS Markit. Coal demand is in a near-constant downward cycle as gas-powered plants usurp coal's once-unassailable dominance. As a result, prices have been under immense pressure, and only in the third quarter of 2016 has there been any sizable price increase.
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