Below is the 2018 sales mix of WHC by country which is prior to COVID and the impact of political issues between China and Australia.
Whist China was not a major market for WHC, it was a market nonetheless. What we shouldn't forget is although the market for coal is tight in terms of supply it's not all due to lack of / slowness of approvals for new mines, it is also due to production being lower than what mines are licensed to produce due to COVID and weather impacts. The COVID situation in Australia has improved a lot with lockdowns now a thing of the past and the La Nina impact may reduce from 2023 which could mean that coal mines can get back on track and produce close to license limits in the second half of 2023. As positive as it sounds that production levels for an individual company like WHC may take place, if happens across the whole industry then the supply limits won't be as tight and the price may fall.
We probably need someone on the inside to let us know what is really happening in China and normally @didicoco is a reliable source for this type of information, with a few political opinions thrown in for good measure - never boring that's for sure.
- Forums
- ASX - By Stock
- WHC
- Target $18.72
Target $18.72, page-3457
-
-
- There are more pages in this discussion • 7,207 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WHC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.22 |
Change
0.130(1.83%) |
Mkt cap ! $6.040B |
Open | High | Low | Value | Volume |
$7.30 | $7.38 | $7.13 | $78.57M | 10.81M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 177937 | $7.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.23 | 4093 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 177937 | 7.210 |
5 | 80027 | 7.200 |
1 | 33804 | 7.190 |
1 | 33804 | 7.180 |
2 | 34804 | 7.170 |
Price($) | Vol. | No. |
---|---|---|
7.230 | 1645 | 1 |
7.250 | 12195 | 2 |
7.280 | 17195 | 4 |
7.290 | 40091 | 9 |
7.300 | 40553 | 6 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
Featured News
WHC (ASX) Chart |