Guotai Junan Securities: The global coal price center is expected to continue to rise, reiterating a strategic bullish view on the energy super cycle in the next 5-10 years.

Guotai Junan Securities released a research report stating that even without considering the impact of geopolitics, the actual global medium to long-term coal supply and demand balance has entered a stage of marginal market contraction, bullish on global coal resources, and the global coal price center is expected to continue to rise. It reiterates a strategic bullish view on the energy supercycle in the next 5-10 years.