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"When most markets feel a fall in demand, price falls.
Last week, Goldman Sachs forecast that coal may be in terminal decline, with the fall in demand possibly being irreversible.
Well, no, it seems that the price fall is because of an increase in supply, not a fall in demand.
So a decline in price can lead to a fall in demand and a vicious cycle of further price declines.
Oil prices have fallen due to rise in supply, largely from US shale producers, and a fall in demand, mainly due to China's slowing economic growth.
"Moreover, forecasts indicate that the fall in demand will deepen".
This fall in demand is translating into bargain prices.
That would trigger a sharp fall in demand for Saudi oil.
This has not been caused by any fall in demand for music.
Last year's fall in demand no longer looks like a blip.
Since July the Greater Phoenix market has "cooled dramatically", thanks to a steep fall in demand.
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