Financial Times FT.com

Energy Security

Shortages force Asian coal to new high

By Javier Blas in London

Published: January 29 2008 00:54 | Last updated: January 29 2008 00:54

Coal prices in Asia jumped to a record high on Monday as the region suffered acute shortages because of disrupted supply in Australia, South Africa and China.

Cold weather, meanwhile, increased regional demand for power and hampered the transport of coal in China.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this