Futures are still saying the trend is downwards. Looks like we'll see a retrace back to the $150-$160 average.
http://www.cmegroup.com/trading/energy/coal/australian-coking-coal-platts-low-vol-swap.html
Tomorrow we learn who is in charge of NZ Inc for the next 3 years. Should it be Labour/Greens, that $20 tax might start being applied by the market overnight. Since the market is looking forward, always, You might find that the good times are over and you can start putting forecasts in with $130-$140 p/tonne. No wonder BRL is still well under 20 cents...
BRL Chart, page-50
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Last
78.0¢ |
Change
0.025(3.31%) |
Mkt cap ! $149.2M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 78.0¢ | 74.5¢ | $14.06K | 18.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4234 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 9139 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BRL (ASX) Chart |