Prospects for international trade in coal

Book · Fri Jan 01 04:00:00 EST 1982

OSTI ID:6921700

Interest in international coal trade has increased because of the rapid escalation of oil prices that began in 1979. This is a summary of the key findings in a National Economic Research Associates Inc. (NERA) study using the NERA World Coal Model. It focuses on the pattern of shipments and prices that is likely to emerge over the 1980s, and also discusses several key factors that will affect trade in coal. The report anticipates that international coal shipments will more than double (to 425 million metric tons) by 1990; that Australian and South African exports will nearly triple, and US exports will double; that the steam-coal market will increase to 52% of shipments by 1990; and that the average price for imported coal will rise 1%/y over inflation in Europe and decline by the same amount in the Pacific Rim. Pattern shifts in coal trade will relate to overcoming infrastructure limits, efforts among importers to diversify, how quickly mining labor costs increase in South America, and how much the centrally planned economies of Poland, the Soviet Union, and China participate in the world coal market. 2 figures, 4 tables.

• OSTI ID: 6921700
• Country of Publication: United States
• Language: English

Related Subjects

01 COAL, LIGNITE, AND PEAT
015000* -- Coal
Lignite
& Peat-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294001 -- Energy Planning & Policy-- Coal
CARBONACEOUS MATERIALS
COAL
ENERGY SOURCES
FORECASTING
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
INSTITUTIONAL FACTORS
MARKET
MATERIALS
TRADE