India is going to receive cheap coal from Russia to by pass sanctions.
Russia, usually India's sixth largest supplier of coking and thermal coal
https://www.reuters.com/business/energy/indias-russian-coal-imports-could-be-highest-over-two-years-march-2022-03-10/
My thoughts are this could end up with India sanctioning Australia coal in exchange for cheap Russian coal.
The sanctions could be market instigated by cheaper prices rather than political.
russia crashing coal price
Add TER (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.8¢ |
Change
0.008(3.41%) |
Mkt cap ! $184.2M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.5¢ | $83.52K | 366.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 104742 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 292241 | 43 |
View Market Depth
| Last trade - 12.16pm 28/05/2024 (20 minute delay) ? |
|
|||||
|
Last
23.0¢ |
Change
0.008 ( 2.54 %) |
||||
| Open | High | Low | Volume | ||
| 22.5¢ | 23.0¢ | 22.5¢ | 329030 | ||
| Last updated 12.34pm 28/05/2024 ? | |||||
| TER (ASX) Chart |