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hemanthaa@mail.com

Floods in Coal-producing regions in China: double whammy is not just for China

hemanthaa@mail.com in Oil (General)

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hemanthaa@mail.com    + 64

hemanthaa@mail.com

floods in china

With intense floods causing havoc in the regions where coal in mainlyproduced in China, the deman for the substance can get exponential in the coming months.China has shut down over 60 coal mines so far due to floods, when there is an intense demand for the commodity in global markets. That hardly helps the impending global energy crisis.

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