WHC 0.19% $7.79 whitehaven coal limited

If they say:"Coal futures were trading at $82 per tonne, easing...

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    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 ?
    Last edited by ssayrus: 02/02/21
 
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