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It certainly all come see own to supply and demand... The...

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JPMax

2,370 Posts.

17/09/16

21:22

Post #: 19229480
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Originally posted by joulesmm1 ↑

more charts
cme futes
http://www.cmegroup.com/trading/energy/coal/australian-coking-coal-platts-low-vol-swap.html

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stuff ..driving forces, Anglo, mine closures & shift in pricing time frames
moving away from fixed term pricing to spot pricing.....after a long period of decline a new uptrend underway? Probably. The US appears to be in a long term bullphase and China appears to have whethered its banking crises and reserves have not been drawn down as many gurus said would happen, meanwhile India is like a double-horned bull...

http://www.eia.gov/forecasts/ieo/coal.cfm released May next issue due this month

while several months old, same pressures appear to remain:
http://www.platts.com/videos/2016/april/snapshot-metcoal-trends-0412 video

http://www.smh.com.au/business/mini...uncertainty-over-pricing-20160309-gnf3xs.html

http://www.*.com.au/coking-coal-prices-just-made-their-biggest-move-in-5-years-2016-8
23/08/16

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It certainly all come see own to supply and demand... The original business making adage... If you want it and you can't get it any where else well you will just have to pay what I want you to pay for it... That is if you really want it.... Where else are you going to get it... Hmmm.

All coming together nicely...
Joules
Thanks for the articles.....

NCR Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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