Sunny, its not winter in the Northern Hemisphere now! I believe China has more electricity demand in the summer half of the year but there's also a winter peak too. Given the supply shortage I expect the market to remain tight over the winter period in China. Prices will fall, we're at 10 year highs, it is inevitable. The Japanese set a benchmark of US$109/t with Glencore for the year, that's the fall back position when spot shortages are resolved.
Target $4.61, page-1403
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Last
$5.71 |
Change
-0.060(1.04%) |
Mkt cap ! $4.793B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.81 | $5.66 | $19.67M | 3.432M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 27645 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.72 | 39448 | 29 |
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| Last trade - 12.46pm 09/09/2024 (20 minute delay) ? |
| WHC (ASX) Chart |