TSX:TECK.A - Post by User
Comment by
VOKBLVRon Aug 30, 2016 12:36am
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Post# 25189741
RE:RE:Coal Revenue
RE:RE:Coal RevenueI have not been able to find any free site that has real currrent spot information. The prices that appear are always in the rear view mirror and I really have no idea as to the reliability of the information. One has to remember that steel mills need met coal on hand for the projected
upcoming quarter and with China and India needing this prodiuct there can be blips in demand and therefore price blips. The most reliable numbers will eventually come from the producers but again this will be history with only a hint of the future as to whether demand and prices are moving up, down or sideways. Recently the hints are all positive but I would not want to bet the rent money on the next quarter.