Coal 02 (Jul 12 - Dec 25)

Re: Coal 02 (Jul 12 - Dec 18)

Postby winston » Tue May 29, 2018 1:15 pm

<China: Research Report>C Suisse Expects Coal Prices to Rebound in 3Q; CHINA SHENHUA Still Industry Top Pick

Credit Suisse, in its report, said NDRC trimmed coal prices with a target below RMB570 per ton.

The research house believed such move will knock down prices in short run but prices will pick up in 3Q with demand peak.

Credit Suisse's preferences to raw material markets in order were: steel> coal> cement.

CHINA SHENHUA (01088.HK) remained the top pick of the research house with target price of $23.

Source: AAStocks Financial News
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Re: Coal 02 (Jul 12 - Dec 18)

Postby winston » Thu Jun 14, 2018 2:54 pm

China: <Research Report>Deutsche: Coal Stocks' Fundamentals Stable; Recommends to Accumulate on Correction

Deutsche Bank, in its report, said the policy of National Development and Reform Commission (NDRC) in relation to supply increase and coal price restrictions hurt the share prices of Chinese coal stocks.

Yet, the research house believed the demand/ supply fundamentals were more critical to the profit and share prices of coal makers, as evidenced by the announcement of NDRC in last two years.

Deutsche Bank believed that the industry was undervalued amid the stretched impact from policy concern, recommending investors to accumulate on correction.

It reiterated Buy on CHINA SHENHUA (01088.HK), YANZHOU COAL (01171.HK) and CHINA COAL (01898.HK) with target prices of $30.5, $15.6 and $5.2.

Source: AAStocks Financial News
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Re: Coal 02 (Jul 12 - Dec 18)

Postby behappyalways » Thu Dec 13, 2018 5:41 pm

2018.12.08【文茜世界周報】成美國政治操弄棋子 你不知道的煤炭真相
https://www.youtube.com/watch?v=NR5jUf5 ... AU&index=8
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Re: Coal 02 (Jul 12 - Dec 18)

Postby winston » Wed Feb 06, 2019 6:14 am

Private equity pours more money into coal

Coal accounted for more than half of all private equity spending on mining last year.


Source: Bloomberg

https://www.thestar.com.my/business/bus ... OlPmSlY.99
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Re: Coal 02 (Jul 12 - Dec 18)

Postby winston » Thu Dec 24, 2020 8:01 am

China suffers worst power blackouts in a decade, as post-coronavirus export boom, coal shortage hit supply

Australian coal accounted for about 41 per cent of China’s total coking coal imports last year and about 25 per cent of thermal coal imports.

China’s imported thermal coal accounted for about 7 per of domestic supply in 2019, when it mined or imported about 3.2 billion tonnes, according to a note by Nanhua Futures. The country consumed 2.9 billion tonnes of thermal coal last year.


Source: SCMP

https://www.scmp.com/economy/china-econ ... oronavirus
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Re: Coal 02 (Jul 12 - Dec 20)

Postby winston » Mon Jun 28, 2021 6:42 am

China’s rebounding coal price set to fall after Communist Party centenary celebration, says top economic planner

Coal output is expected to recover as idle capacity is resumed, while current orders suggest imports will peak in July and August

The National Development and Reform Commission (NDRC) said a ‘relatively large’ drop in China’s coal prices may follow in July

by Eric Ng

Source: SCMP

https://www.scmp.com/business/article/3 ... -centenary
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Re: Coal 02 (Jul 12 - Jun 21)

Postby winston » Thu Oct 21, 2021 6:55 am

Coal shares tumble on output increase

The National Development and Reform Commission, China's top economic planning agency, said the average daily coal output of state-owned enterprises has increased 8 percent since September 27.

It aims to increase coal output to 12 million tons a day, and will give the fuel priority in deliveries through ports and over railroads.

Officials in Yulin, a coal mining hub in Shaanxi province, have asked state-owned mines there to immediately lower prices by 100 yuan (HK$122) a tonne, with harsh measures being threatened for any companies that don't comply.


Source: Bloomberg

https://www.thestandard.com.hk/section- ... t-increase
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Re: Coal 02 (Jul 12 - Jun 21)

Postby behappyalways » Fri Oct 22, 2021 10:03 pm

Mongolian coal truck drivers isolated and unpaid at Chinese border due to strict Covid-19 measures
https://m.youtube.com/watch?v=CErESUHk9i0
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Re: Coal 02 (Jul 12 - Jun 21)

Postby behappyalways » Wed Nov 03, 2021 1:23 pm

US Coal Miners "All Sold Out" For 2022
https://www.zerohedge.com/commodities/u ... -coal-2022
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Re: Coal 02 (Jul 12 - Dec 21)

Postby behappyalways » Sat Nov 27, 2021 12:40 pm

As winter in Afghanistan approaches, coal remains king despite soaring prices and pollution
https://m.youtube.com/watch?v=ocD2W9eGZE4
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