Coal futures dropping isn’t a bad thing as most speculators* are running for the closest door thus less reason for China to intervene in the markets again.
*It’s been my opinion that the recent coal rally is largely due to speculators on the basis of a cold winter they’ll all run away now.
US$150-160 for this winter seems more reasonable.
Coal futures dropping isn’t a bad thing as most speculators* are...
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$8.61 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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