This is only one broker's opinion (Morgan Stanley) so don't take it as Gospel, but it's from the 'lively' blog this morning:
(it is discussing mainland communist China):Coal
Production is down 4.2% year on year in January-February, mainly due to safety inspections.
Consumption by power utilities is up 9.7% a year in January-February.
The result is “Sustained high coal imports”, +23% year in January-February.
China has returned as a “a key market for Australian coal and customers”.
Ann: Company presentation, page-396
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Last
$6.23 |
Change
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Mkt cap ! $8.226B | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
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Change
0.030 ( 0.44 %) |
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| Last updated 15.59pm 14/06/2024 ? | |||||
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