If they say:
"Coal futures were trading at $82 per tonne, easing from near two-year highs hit in January, after the moderate temperature in Asia limited the demand. Prices have been recently supported by colder than usual temperatures in many parts of the northern hemisphere, as well as post-Covid industrial demand from China"
So the weather has so big impact on the demand (heating needs more important than industry in covid times) so shouldn't we expext the coal price go down week by week as we are starting the spring/summer on northern hemisphere?
What do you think ?
Target $2.25, page-122
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Last
$7.75 |
Change
-0.050(0.64%) |
Mkt cap ! $6.483B | |||
| Open | High | Low | Value | Volume |
| $7.81 | $7.81 | $7.70 | $24.69M | 3.186M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 30235 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 155096 | 7 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$7.75 |
Change
-0.050 ( 0.65 %) |
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| Open | High | Low | Volume | ||
| $7.80 | $7.81 | $7.69 | 1032718 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| WHC (ASX) Chart |