From London To Beijing Energy Continues Higher.

7 minutes

Energy is the big news so far today. With markets from Beijing to London reporting higher and higher energy prices.

In China it is reported that massive flooding has inundated early 9% of the coal mines in Shan Xi Province. Located in Northern china Shan Xi is normally a dry part of the country, but this year, I suppose the rains have come to all. Coal futures in China jumped 12% overnight last night.

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