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Thermal coal so far immune to global financial turmoil... China...

  1. Easternman
    868 Posts.
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    08/09/11
    20:36
    Post #: 8935504
    Thermal coal so far immune to global financial turmoil...

    China has started her winter shopping spree... snapping up supplies from Indonesia... betting that prices will further increase once Indonesian wet season hits... purchasing current... and forward delivery 6.. 12 months..

    Current price US$87/89/ Tonne on a landed basis.... current price for September deliver + 5% from August...

    Nice if you were able to deliver some coal..
    ADD Price at posting: 2.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
2.5¢ 		Change
0.001(4.17%) 		Mkt cap ! $6.448M
Open High Low Value Volume
2.5¢ 2.5¢ 2.5¢ $2.5K 100K

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No. Vol. Price($)
2 207769 2.5¢
 

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Price($) Vol. No.
2.7¢ 178571 1
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