WHC 0.68% $5.86 whitehaven coal limited

Target $18.72, page-4862

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    reported by Chinese news, most Australian coal suppliers have successively received orders from China. As of February 17, 15 coal shipments are on the way to Chinese ports, around 800,000 to 900,000 tonnes.
    at this rate would be around 12 million tonnes this year, from the peak 2019 which was 72 million if not mistaken, last year Russian supplied 60 million at increase of only 11%, but at first 40 days of this year volume has increased by 210%.
    that for in my opinion 12 million this year from Chinese is not enough to push coal price upwards, of course that is only till 17/02, surely around May exports will increase significantly. let's wait and see.
 
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