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...
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Last
$5.05 |
Change
0.080(1.61%) |
Mkt cap ! $4.268B | |||
| Open | High | Low | Value | Volume |
| $5.00 | $5.10 | $4.97 | $12.56M | 2.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9262 | $5.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.06 | 7017 | 1 |
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| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$5.05 |
Change
0.080 ( 2.19 %) |
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| Open | High | Low | Volume | ||
| $5.00 | $5.10 | $4.97 | 797031 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| NHC (ASX) Chart |