Yep PLV HCC fob DBCT has fallen from over US$500/t to about US$420/t today. And met coal is almost at parity to thermal Newc. Fall has been correlated to this IMO.
Margins are good when PLV HCC >$200/t, great when above >$250/t and super sized when >$300/t - so not worried by the price movements yet.
what will be interesting is whether thermal coal become higher value then met coal - that would be unprecedented. Could become a reality given the terrible energy policies of the western world… time will tell
$1.025 Bottom with Target $2 plus by June 2022..., page-97
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91.8¢ |
Change
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Mkt cap ! $1.529B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 23 | 47224 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 74602 | 43 |
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