FROM STANMORE QTLY.
The resulting price environment for premium hard coking coal through the quarter has been an increase from US$233
per tonne at the outset of the period, up to US$333 at the end of September with further transactions pushing
the market above this level in October. Availability for non-premium grades of metallurgical coal has not been as
tight as prime hard coking coal, and Russian competition for a number of non-prime grades has impacted
relativity for these grades, although the market has segmented with differential pricing for FOB Australian
benchmark quality PCI material. PCI relativity declined to 60% of prime low volatile hard coking coal at the close
of the quarter, compared to the average relativity of 64% through the quarter.
PCI Approximately $US200 OR $AUD315
Has to be profitable on these numbers. Surely a margin of $AUD115 per saleable tonne of PCI.
Is the 308kt referred to below PCI? Any HCC?
Assume balance was thermal at $US155 OR $AUD244.Margin of $AUD50.
“In addition, we are in line with our quarterly guidance having shipped a record tonnage of over
562kt of coal product in 10 vessels during the quarter, of which 308kt (55%) was metallurgical
coal.”
PCI 308 X 115 = 35M
Thermal 254 x 50 = 12.7M
TOTAL FOR QTR = 47.7M AUD Operating Profit.
Lets see.
- Forums
- ASX - By Stock
- BCB
- Hard Coking Coal
Hard Coking Coal, page-42
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BCB (ASX) to my watchlist
|
|||||
Last
1.5¢ |
Change
-0.002(11.8%) |
Mkt cap ! $42.73M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.4¢ | $307.8K | 20.03M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 5209329 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 198031 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 4116472 | 0.014 |
4 | 1694666 | 0.013 |
10 | 1335333 | 0.012 |
4 | 1709090 | 0.011 |
16 | 3014117 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 198031 | 1 |
0.016 | 1650013 | 6 |
0.017 | 1443073 | 5 |
0.018 | 3557674 | 6 |
0.019 | 364584 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
BCB (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online