high vol coal pricehi everyone,
i read these coal notes reports from jennings capital here and there.
in their weekly coal report on october 14
they stated;
Pricing – As reported by Energy Publishing, pricing for both low-voland high-vol metallurgical coal declined slightly this week to
approximately US$267/metric tonne and US$257/metric tonne,
respectively. By comparison, the settlement between Anglo
American and Japanese buyers for the December quarter was
US$285/tonne, down from US$315/tonne for the September quarter
and the US$330/tonne peak in the June quarter.
does this mean cline could maybe get around $250USD for its coal ....obviously before shipment costs....????????
any thoughts on how this pricing reports from energy publishing might transpire into Cline's advertising/sales tactics?????