Updates Archives - The Coal Trader

Met Producer Forecasts

Now that I’ve wrapped up the forecasts for the US met producers, I figured I would share it here so that we can compare and contrast.

In terms of metallurgical coal equity share price action, it has been pretty exciting to say the least as they’ve rallied.

Why is met rallying? Supply has become incrementally tighter and demand coming out of the summer doldrums is picking up again.

Why is Alliance trading at a market premium to Australian thermal coal producers? It makes no sense in terms of long-term shareholder value.

Herewith a quick rundown on Chinese Leading Indicators, PMI’s, and Steel Production. Plus metallurgical coal and iron ore implications.

Time to address the elephant in the room. Whitehaven is most likely going to buy Blackwater and Daunia from BHP.

Thinking through the poor relative performance of Ramaco vs the peer group, and I think the situation is going to get worse from here.

US domestic met coal market is currently facing several challenges, with the UAW strike looming on the horizon.

We’re beginning to see the inadequacy of Chinese coal production to meet their own power demands as production falters & demand climbs.

The following report published by a Chinese investment bank, Cinda Securities, contains some inside baseball on the Chinese coal industry.