the2real4mafol
Of course coal is falling in price. People are trying to move towards other kinds of fuel. Their is also more competition now for it. And coal is probably the most plentiful fossil fuel out there.
Also, in general i think prices need to fall a bit if people aren't seeing pay rises
http://www.climatecentral.org/blogs/chinas-growing-coal-use-is-worlds-growing-problem-16999
During its peak, China added two 600mw coal power plant per week, for seven straight years. For the next ten years, China will add one of these plants per 10 days.
Between 2005 and 2013, China added 1.5 times the entire capacity of the US coal power generation.
China consumes 4 billion tonnes of coal a year. USA and EU combined uses 1.6 billion tonnes.
70% of China's electricity comes from coal. If coal prices are falling, it's must probably because demand for electricity is falling, or lower than expectations
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