Coal 02 (Jul 12 - Dec 25)

Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Thu Jun 23, 2016 10:26 am

A Hot Summer For Coal?

By Shuli Ren

Coal miners are sizzling this week.

In China, coal prices have increased 45 yuan per ton in the past 7 months, or 12% increase, while coal supply fell 19%.

In particular, coal prices jumped in the second week of June, prompting coal miners to rally.

Yanzhou Coal (1171.Hong Kong) soared 17% since last Thursday, while China Shenhua Energy (1088.Hong Kong) soared 12% and China Coal Energy (1898.Hong Kong) jumped 13%.

Source: Barron's Asia

http://blogs.barrons.com/asiastocks/201 ... -for-coal/
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Wed Jul 06, 2016 11:08 am

not vested

June 23, 2016

<Research Report>Deutsche Lifts Ratings & TPs of 3 Main PRC Coal Miners; Predicts Coal Prices to Rise Faster

Deutsche Bank, in its report, believed the coal prices will rise faster and for longer than it expected.

After the execution of the 276-day policy, Chinese coal production remained at about 260 million tons per month in April and May, much lower than the previous three-year average of about 300 million tons per month.

Therefore, the Qinhuangdao coal price may surge to RMB450/ton this summer and even hit RMB500/ton by the end of 2016, as the broker expected.

The broker therefore upgraded CHINA SHENHUA (01088.HK) from Hold to Buy, with target price lifted to $15.9; while CHINA COAL (01898.HK) and YANZHOU COAL (01171.HK) are lifted from Sell to Hold, with target prices lifted respectively to $4.3 and $5.

Source; AAStocks Financial News
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Thu Jul 14, 2016 9:23 pm

Coal prices are still rising… sector fund KOL soars 90%-plus from its January low.
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Wed Jul 20, 2016 3:25 pm

Coal Rally Has Room to Run (KOL, CNX)

By Alan Farley


Coal is engaged in powerful recovery wave just in time for the 2016 presidential election to decide its longer-term fate.

Sector stocks offer higher profit potential than the most popular ETF because they show intense buying interest, consistent with much higher prices in coming months.


Source: Investopedia

http://www.investopedia.com/stock-analy ... z4Evo2XR8m
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Fri Jul 22, 2016 7:36 am

This hated commodity is soaring…

by Kim Iskyan

Coal is still a vital energy source for billions of people around the world.

India relies on it for 62 percent of its power production.

Australia relies on it for 65 percent of its power.

And although its share in power generation in the U.S. is declining, the country still relies on it for around 30 percent of its power.


Together, China and the U.S. produce 60 percent of the world’s coal. So continued production cuts in both countries should help coal prices recover. Indonesia, the world’s top coal exporter and fifth-largest producer, also expects production to fall next year. S


Coal is cheap. While many countries like the U.S. and China want to phase out coal because of pollution, it is still the most affordable way for developing countries – which don’t have the luxury of worrying about the environment – to generate power.


The Market Vectors Coal ETF (New York Stock Exchange; ticker: KOL), which we recommended in January, is the easiest way to gain exposure.


Source: True Wealth Asia

http://thecrux.com/is-coals-5-year-deat ... ally-over/
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Sat Jul 23, 2016 5:47 pm

False Dawn for Coal

By David Fickling

Coal has been catching up to sexier commodities with a 24 percent surge over the past two months


Beijing wants to eliminate about 500 million metric tons of coal production capacity over the coming years, equivalent to more than one-third of international trade in the stuff, or 13 percent of its total domestic production.


Shenhua is the world's biggest coal miner by revenue. Owing in part to its exposure to midstream and downstream activities such as bulk trains and power stations, it also gets closer than any of China's coal miners to covering its cost of capital. If any company can survive the shrinking of China's coal industry, it's this one.


Source: Bloomberg

http://www.bloomberg.com/gadfly/article ... n-for-coal
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Re: Coal 02 (Jul 12 - Dec 16)

Postby behappyalways » Wed Aug 03, 2016 3:33 pm

China’s Low Coal Inventory Signals More Upside for Price: Chart
http://www.bloomberg.com/news/articles/ ... rice-chart
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Mon Aug 08, 2016 11:36 am

China’s coal production fell “significantly” in the first-half this year thanks to the “supply-side reform”

The National Development and Reform Commission (NDRC), China’s central planner, wrote on its website this morning that China’s coal production fell “significantly” in the first-half this year thanks to the “supply-side reform” and China’s railway transports saw “marked improvements” in the second-quarter (the quotes are this blogger’s translation).

Specifically, railway daily loading rose starting May, the first growth seen since 2014, said NDRC. Except for coal, daily load for bulk materials such as iron ore, coke, steel and wood all saw healthy recovery.

Meanwhile, thanks to the “supply side reform”, domestic coal production fell 9.7% from a year ago in the first-half.

Coal futures listed in mainland China soared 7% this morning. Coking coal futures rose 4.7%.

Source: Barron's Asia
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Tue Aug 09, 2016 2:13 pm

Chinese province to extend maturity on $60 billion in coal loans

Source: CNBC

http://www.cnbc.com/2016/08/08/chinas-s ... loans.html
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Fri Aug 19, 2016 9:57 am

Bohai-Rim Steam-Coal Price Surges 25.1% in 2016

The latest Bohai-Rim Steam-Coal Price Index closed at RMB464 per ton, rising RMB12 per ton when compared with a week earlier, the Qinhuangdao Coal Market website reported today.

The index saw a cumulative rise of 25.1% as compared with early 2016.

Source: AAStocks Financial News
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