“WHAT ARE THE KEY FACTORS THAT MAY INFLUENCE WORLD'S COAL PRICES IN 2017?”
The on-line opinion poll conducted by COALspot.com over 28 November 2016 to 04 December 2016 involved around 167 coal market participants, with respondents, including (likely) End-Users, producers, Traders and others (possibly other than coal producers, traders or end-users).
The poll found that 76.65 percent of participants believed that Chinese coal demand would be the key factor that may influence world's coal prices in 2017, versus 4.19 percent who believed “Indian demand will play important role in deciding coal prices in 2017”.
Among the respondents, 12.57 percent of respondents say “Supply side factors” influence the coal prices movements in 2017, while, another 6.59% of respondents believe 2017 Oil prices will influence the coal prices.
This polling result strongly says Chinese coal demand will be the key factor to decide the direction of coal price movement in 2017. Around 37 likely end-users, 38 coal producers and 57 coal traders have participated in this on-line opinion poll over 28 November 2016 to 04 December 2016.
End-Users
Some 89.19 percents of likely end-users say “Chinese coal demand would decide the world coal prices in 2017".
Another 8.11 percent of end-users believe the supply side factor will influence the coal prices in 2017, while just 2.70 percent of end-users or one respondent believed Indian coal demand is the key factor which decides the direction of coal prices in 2017.
37 likely End-User participated in this on-line opinion poll over 28 November 2016 to 04 December 2016.
Coal Producers
Among the likely coal producers, some 81.58 per cent respondents picked the answer "Chinese Demand" and only 5.26 per cent coal producers say Supply side factors influence coal price direction in 2017.
A 5.26 percent of participants representing likely coal producers say Indian coal demand will play important role in 2017 to decide coal prices compared to another 5.26% believed the world Oil prices will influence the world coal prices next year.
Around 38 likely coal producers participated the last week’s on-line opinion poll.
Coal Traders
Among the likely coal traders, some 71.93 percent, traders say Chinese demand would be the key factor in 2017 to decide the direction of the world coal prices, while 5.26% of coal traders believed Indian demand play a major role.
Another 12.28 percent of likely coal traders believed supply side factors will influence the next year coal prices and another 10.53% traders say the world coal prices in 2017 depends on world Oil prices and the world oil price would be the key factor deciding direction of world coal prices in 2017.
The COALspot opinion poll was conducted online between 28 November 2016 to 04 December 2016 23:59 GMT.
The latest poll responded by total 167 visitors, 37 who identified themselves as coal end-users, 38 respondents identified themselves as coal producers and 57 participants who identified themselves as coal traders.
Around 35 participants identified themselves as “Others”. 65.71% of others who’s clear identity is unknown believed Chinese demand is the key factor deciding coal prices in 2017, and just 2.86% says Indian demand will decide world coal prices in 2017.
Without any doubt, the majority of respondent believed Chinese demand would be key factors that may influence world's coal prices in 2017.
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THE COAL PRICES ARE FALLING AGAIN. DO THE DERIVATIVES MARKETS MAKE COAL PRICES MORE VOLATILE?
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