It appears coal futures are crashing as China’s Mongolian mines come on line and are able to restore inventories. Still looks like something of an over- reaction as winter hasn’t even started and NHC demand from Japan and Sth Korea remain strong.
1/11/2021 Newcastle coal USD $154.90 (Trading View), page-7
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Last
$4.26 |
Change
-0.060(1.39%) |
Mkt cap ! $3.592B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 28 | 19815 | $4.26 |
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|---|---|---|
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| NHC (ASX) Chart |