Yes Coal can be up and down but this is different - Russia has halted supplies of Gas and Coal - and as the World transitions to Renewables they need a transition fuel supply which was going to be Gas - this is too expensive so coal is back in demand.
- Most coal is tied up to long term contracts so trying to find new coal is not easy so countries are forced to pay high prices to secure it.
- I can’t see this changing in the short term whilst the price of Gas is at record prices
Yes Coal can be up and down but this is different - Russia has...
Add NHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.76 |
Change
-0.100(2.06%) |
Mkt cap ! $4.023B | |||
| Open | High | Low | Value | Volume |
| $4.85 | $4.86 | $4.76 | $10.07M | 2.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 73067 | $4.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.78 | 23855 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NHC (ASX) Chart |