Compliance Energy Corp CPYCF

coal

[turbo221]

Last week in London, BHP's CEO said the following:

 

"We are now witnessing a rebalancing of demand and low-cost supply, and a progressive recalibration of prices towards more sustainable levels. Prices for commodities such as iron ore and coal are now expected to see "mean reversion" in the period ahead. The higher prices were driven by China's insatiable demand for commodities and, while this had slowed in recent months, it "is directly in line with what was expected and what the Chinese government had indicated would occur".