Re: Coal 02 (Jul 12 - Dec 18)
Posted:
Tue May 29, 2018 1:15 pm
by winston
<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
Re: Coal 02 (Jul 12 - Dec 18)
Posted:
Thu Jun 14, 2018 2:54 pm
by winston
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
Re: Coal 02 (Jul 12 - Dec 18)
Posted:
Thu Dec 13, 2018 5:41 pm
by behappyalways
Re: Coal 02 (Jul 12 - Dec 20)
Posted:
Mon Jun 28, 2021 6:42 am
by winston
China’s rebounding coal price set to fall after Communist Party centenary celebration, says top economic plannerCoal 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
Re: Coal 02 (Jul 12 - Jun 21)
Posted:
Fri Oct 22, 2021 10:03 pm
by behappyalways
Mongolian coal truck drivers isolated and unpaid at Chinese border due to strict Covid-19 measures
https://m.youtube.com/watch?v=CErESUHk9i0
Re: Coal 02 (Jul 12 - Jun 21)
Posted:
Wed Nov 03, 2021 1:23 pm
by behappyalways
Re: Coal 02 (Jul 12 - Dec 21)
Posted:
Sat Nov 27, 2021 12:40 pm
by behappyalways
As winter in Afghanistan approaches, coal remains king despite soaring prices and pollution
https://m.youtube.com/watch?v=ocD2W9eGZE4