Australia's largest stock trading and investment forum Australia's #1 stock forum

B2Y

Click for more information

0.00%

2.9¢ bounty mining limited

looks like Bounty is going to hit the board at the perfect time,...

First 9 Last

Share
Profile

Follow
minoil

7,822 Posts.

269

06/06/18

10:46

Post #: 33525136
Share

Originally posted by Lefevre ↑

COKING COAL DAILY: Market participants brace for price increases
There is still room for seaborne coking coal prices to increase amid expectations of tightening supply and robust Chinese demand, market participants said on Tuesday June 5.
A premium category cargo was heard to have changed hands at around $194 per tonne fob Australia late evening, market sources said. “Demand from Chinese buyers is robust and steelmakers expect to be able to get a better deal on prices if they purchase from traders since miners are refusing to lower their offers,” a trader source said. The trader thinks cargoes of premium materials “can easily fetch $200 per tonne cfr China.”

Expand

looks like Bounty is going to hit the board at the perfect time, and, with a big enough MC that insto's may be needing to take notice

B2Y Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 60 more messages in this thread...

First 9 Last

Add B2Y (ASX) to my watchlist