Post by
RJsizzl on Jan 25, 2021 12:23pm
Volatility Today
Does anyone have an idea what is going on with Teck today? Coking coal prices skyrocketed over the weekend, but the price has dropped by about 5%:
https://www.metalbulletin.com/Article/3972038/Latest-news/COKING-COAL-DAILY-Premium-fob-price-skyrockets-could-be-weather-fears.html
Not sure if there is some macroeconomic news coming out of China that is influencing the price.
Comment by
longtermholder6 on Jan 25, 2021 5:44pm
Probably just the terrified, scared of their own shadow investors who are always wrong.