Coal 02 (Jul 12 - Dec 25)

Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Sun Mar 27, 2016 10:12 pm

The End of Coal: Good Riddance or Dangerous Gamble?

By Paul Younger

Scotland has become the first part of the U.K. to stop burning coal to supply electricity following the closure of Longannet, its largest power station, on March 24.

It is a sign of the times, with the rest of the U.K.’s coal-fired power stations on death row after energy secretary Amber Rudd announced late last year that they will all be forced to close by 2025.


Source: Epoch Times

http://www.theepochtimes.com/n3/2004596 ... us-gamble/
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Fri Apr 22, 2016 2:19 pm

Why China’s Coal Rally May Continue

By Shuli Ren

In April, coking coal futures traded in China jumped over 25%, while trading volume more than doubled.


Source: Barron's Asia

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

Postby winston » Wed May 04, 2016 8:30 pm

Another "bad to less bad" rally… coal-sector fund KOL rises about 60% in 14 weeks.
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Thu May 05, 2016 6:49 am

President Obama and the Coal Crisis

by Charles Payne

President Obama came into office with an agenda to crush coal, and he succeeded mightily. In 2008, coal was responsible for 48.2% of electricity generated. Last year, it was down to 33% as the administration hit energy with a slew of new regulations aimed at air toxins, fuel standards, particulate matter and other restrictions.

Obama also kept his promise that electricity prices must go higher. I don’t need to tell you how much your electric bill has popped, but here’s a visual reference:

Stock market values have been wiped out. The energy industry, which was once valued at $65 billion in market capitalization, is now down to just $4.8 billion. Bankruptcies include Arch Coal, Patriot Coal, James River Coal and too many others—and the job losses number is in the tens of thousands.

Stable companies to invest in have become few and far between, but we just aren’t seeing that downtrend being compensated for in other sectors.

The idea that coal has been replaced by other renewable energy sources is a farce. Solar power still only generates 7% of our total electricity production, and hydroelectric has hovered at 6% since 2009.

The standout comes from fracking, which has made natural gas cheap and allowed it to balloon to 33% of total electricity production from 21% in 2009.

Meanwhile, China has fired 1.3 million coal workers and is spending $15 billion to re-train them and place them in new jobs. The Obama administration hasn’t mentioned anything that drastic thus far, but has poured billions in loan guarantees and direct investments into solar.

I don’t think we will ever get back to the Golden Era for coal, in part because of the cheaper cost of producing natural gas. Coal may have its challenges as a long-term investment, but some of the biggest winners in the market recently have been names that were written off for dead. As a result, I am hearing positive talk about coal making a run, so I am watching for possible short-term trading opportunities there.

Source: Making Money
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Tue May 17, 2016 7:54 pm

Investors Face This Risk from Coal's Quick Death

By DR. KENT MOORS

The black rock has 12 to 18 months at the outside before conditions get so bad that coal (and nuclear) plants begin closing in earnest.


The low price of natural gas is beginning to result in the likely retirement of additional coal-fired electricity generation.


Lower natural gas prices have effectively driven down wholesale power prices for all generators, regardless of whether they are using natural gas, coal, nuclear power or renewable resources to generate their electricity."


Source: Oil & Energy Investor

http://moneymorning.com/2016/05/17/inve ... ick-death/
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Wed May 25, 2016 10:35 am

China Coal Miners Lifts Hang Seng On Price Hike Rumors

By Shuli Ren

China’s biggest coal miners soared in Hong Kong after Economic Information Daily, a subsidiary of state-owned Xinhua News Agency, reported that China’s four largest coal miners are mulling to raise their prices in June.

Xinhua of course attributes this price hike to the success of China’s “supply-side reform.” But better seasonality may have also contributed to the price hike.

Coal prices in China have been rising this year. Last week, China benchmark coking coal price climbed by 15 yuan per tonne to 620 yuan, data provided by Duetsche Bank shows.

Coking coal prices are now 13% higher than at the beginning of the year. Thermal coal prices are now 6% higher.

This morning, China Coal Energy (1898.Hong Kong) jumped 8.6%, Yanzhou Coal (1171.Hong Kong) rose 6%, China Shenhua Energy (1088.Hong Kong) gained 4.7%.

Industrials are back! Miners, energy companies and material stocks outperformed today, pushing up the Hang Seng China Enterprises Index 2.4%. Overnight, the iShares China Large-Cap ETF (FXI) rose 1.9%, the iShares MSCI China ETF (MCHI) advanced 1.9%.

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

Postby winston » Tue May 31, 2016 8:34 am

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NDRC Jan-Apr Coal Production Falls 6.8% YoY; Exports Surge Over 160%

NDRC data showed that for the first four months of 2016, the national coal production was 1.01 billion tonnes, down 6.8% yearly; as at the end of April, the inventories of coal firms were 120 million tonnes, down 4.9% yearly.

According to China Customs statistics, for the first four months of 2016, the coal imports were 67.25 million tonnes, down 2.5% yearly; the coal exports were 3.3 million tonnes, up 161.4%.

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

Postby winston » Mon Jun 06, 2016 9:15 pm

Coal Rides Commodities Rally in Push to 10-Month High in Europe

by Ladka Mortkowitz Bauerova

European coal prices surged to the highest in 10 months, buoyed by rising fuel prices and supply disruptions.

Source: Bloomberg

http://www.bloomberg.com/news/articles/ ... yptr=yahoo
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Thu Jun 16, 2016 8:05 pm

Coal continues to bounce higher... sector fund KOL rises 60%-plus since mid-January.
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Re: Coal 02 (Jul 12 - Dec 16)

Postby winston » Wed Jun 22, 2016 12:53 pm

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YANZHOU COAL A/H Shares Jump 10%, 6% on Potential Upward Adjustment on Jul Steam Coal Prices

On the hope that steam coal prices will see a continuous rise in July, three largest coal stocks were strengthened.

In particular, YANZHOU COAL (01171.HK) saw a four-day rise and peaked at $4.97, hitting 11-month high. It last stood at $4.95, up 6%, on volume reaching 19.23 million shares. Its A shares hit the day limit to RMB10.23.

CHINA SHENHUA (01088.HK), also saw a four-day rise, peaked at $13.7 and last printed at $13.52, up 4.5%. The company become the best performing blue chip and HSCEI constituent, on volume to 17.26 million shares. Its A shares jumped 2.2% to end the morning session at RMB13.76.

CHINA COAL (01898.HK), after yesterday correction, hit the peak at $3.94 and last traded at $3.92, rebounding 5.1%, on volume to 15.61 million shares. Its A shares escalated 2.7% to finish the morning trade at RMB4.86.

Source: AAStocks Financial News
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