We’re looking good given it’s shoulder season. Thermal prices are trending back up, as are met coal prices. Met coal prices dipped down to US$228/t for a few weeks then bounced straight back up to US$241/t for April, US$271/t for May. I believe API5 prices are still hanging around the US$90/t, give or take.
As Raki mentioned the ongoing geopolitical issues, and the Baltimore bridge collapse are likely supporting stronger thermal prices for the time being.
BHP stated in their quarter report this morning production was up at NSWEC operations due to good weather, etc. You’d assume strong production will no doubt reflect in YAL’s Q1 report tonight also…
We’re looking good given it’s shoulder season. Thermal prices...
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$6.95 |
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Mkt cap ! $9.177B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| YAL (ASX) Chart |