Very likely the met coal producers will be the biggest beneficiaries of China accepting Australian coal imports again. The Chinese won’t pay the the price aussie thermal exporters like Whitehaven are getting currently especially when they can bring lower cal content of coal from Russia or Mongolia . But met coal is a different story and likely China re opening along with this relaxation of Australian import bans could see met coal prices kick up considerably . Might be very supportive of prices as we move into the Fy 23/24 financial year .
Very likely the met coal producers will be the biggest...
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Last
$1.88 |
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-0.080(4.08%) |
Mkt cap ! $1.694B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| SMR (ASX) Chart |