YAL 1.04% $6.81 yancoal australia limited

YAL vs WHC, page-86

  1. 344 Posts.
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    YAL is generally prices closed to WHC. The divergences in price happened due to distress sale of Glencore and offer from Chinese parent.
    With high coal prices it will be difficult to have such high price differential for long even though both sell coal on different benchmark. However YAL has double the volume of sale compared to WHC. It is likely that this difference will reduce soon and YAL should be above 8 much earlier.
    DYOR
 
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