COK 0.00% 0.0¢ cockatoo coal limited

korean takeover imminent - hunch , page-8

  1. 5,583 Posts.
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    I would've thought that a 10% increase to standard grade PCI import prices in just the last week (or 20% plus jump from the Sept low) would've driven the market price for COK, but not to be :/ I think we're selling for around $170/t for our product atm (correct me if I'm wrong). Hard coke prices are recovering well too. And domestically traded coal in China has recovered about half of the price slide that began in late 2011. To top it all off, inventories in India and China are non-existent... In India, it's classed as super-critical... you'd think people would be fighting each other for a piece of the pie....





 
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