WHC Coal mix
70% coking
30% thermal
Cost of coal before royalties will rise by circa 20% in FY2025
Sale price of WHC coking coal last quarter (June) was average $AUD 271. That's pretty low relative the average SGX futures for the quarter.
Sale price of WHC coking coal this quarter (Sep) will be ????? and $AUD stronger in Sep quarter. It's a triple whammy?
They will likely average the same as thermal coal.
You can draw your own conclusion. That's how I see it, like it or not, don't care.
Thought you blocked me hagga.
Yeah mate, seen it.
http://www.dce.com.cn/webquote/futures_quote_en.jsp?varietyid=i
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