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Column: India shows early signs of high coal, LNG, crude prices hurting demand: Russell

02 Feb 2022

One of the key questions for the outlook for energy commodities is how quickly the current high prices translate into demand destruction.


While this will vary from country to country, India is perhaps something of the canary in the coal mine, as the South Asian giant tends to be more price sensitive than many other major commodity buyers in Asia, the world's top importing region.


There are early signs that India's demand for coal and liquefied natural gas (LNG) is struggling, and although crude oil demand looks solid in recent months, there are important caveats at work.