another thought, usually, coal price is in line with oil, but this time, coal will be better, two reasons, one is production shutdown and expansion facing headwinds, the other is with the surge of electric car, we could make a calculation, 20m cars sales a year, each car need 80kw full charge, 10 days repeatedly, implying 5.84bkw additional comsuption, which should need 12.5Mt thermo coal to generate power.
another thought, usually, coal price is in line with oil, but...
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$7.67 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Last trade - 12.58pm 26/04/2024 (20 minute delay) ? |
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Last
$7.67 |
Change
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| Open | High | Low | Volume | ||
| $7.55 | $7.71 | $7.52 | 639759 | ||
| Last updated 13.16pm 26/04/2024 ? | |||||
| WHC (ASX) Chart |