this is quite intuitive as if O&G become scarce or too expensive there will be waterfall effect on other sources....however coal demand is quite rigid as the power generation are base load. Anyway WHC is 70% met so another way to read it is higher demand for heavy duty equipment in war time
Coking and Thermal coal prices...where are we going?, page-886
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$6.95 |
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Mkt cap ! $5.785B | |||
| Open | High | Low | Value | Volume |
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