Yes, it's the carry trade which ensures that futures prices are equal to expected prices adjusted for storage costs.
The market isn't only punters. It's coal producers, coal users, traders and speculators. Put together, they have an average future price expectation.
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Last
22.0¢ |
Change
0.010(4.76%) |
Mkt cap ! $176.2M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 21.0¢ | $115.6K | 535.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 22688 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 667513 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 344036 | 0.210 |
13 | 790412 | 0.205 |
29 | 1045916 | 0.200 |
12 | 447218 | 0.195 |
10 | 326891 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 622593 | 10 |
0.225 | 312256 | 9 |
0.230 | 193496 | 9 |
0.235 | 514687 | 7 |
0.240 | 717301 | 9 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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