?> Coking coal volume spike in May - DirectorsTalk

Be sure to check our sister interview main ratings news website

Coking coal volume spike in May

The Singapore Stock Exchange reported Monday a total volume of 1.27 million mt of coking coal traded in May in the PHCC FOB Australia futures contract.

This was up 76.9% from April, and was the highest monthly trading volume since April 2018 when the PHCC FOB Australia futures contract traded 1.69 million mt in total. A new all-time high of 2.91 million mt was also recorded for the combined open interest of futures and options on Thursday, before the May contract went into cash settlement on Friday.

A broker said the volume was supported by a couple of new participants entering the market, a return of volume in the calendar strips, and some larger-sized options going through.

 

Anglo Pacific Group plc (LON:APF) owns 50% of certain sub-stratum lands which, under Queensland law, entitle it to coal royalty receipts from the Kestrel mine. Kestrel is an underground coal mine located in the Bowen Basin, Queensland, Australia. It is operated by Rio Tinto Limited (‘Rio Tinto’). 

Read in Full
Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn
    anglo pacific group plc

    More articles like this

    anglo pacific group plc

    Silver price ‘set to top $20’

    7th July 2020

    Silver prices rose on Monday while gold edged higher and European stock markets bounced, shrugging off concerns about a further acceleration of the global Coronavirus pandemic despite mixed economic news, writes Atsuko Whitehouse at BullionVault.  Shares in

    anglo pacific group plc

    Can copper protect against the new coronavirus?

    26th June 2020

    Over the past few months, there has been a surge in the market for materials laced with copper—including face masks, bedsheets, and socks—with manufacturers touting the metal’s germ-killing ability. But experts say consumers should be cautious,

    anglo pacific group plc

    Emerging technologies to drive silver demand

    15th June 2020

    The price of silver soared in May, jumping more than 19% on safe haven demand as well as increased expectations of a swift economic recovery, given its many industrial applications. Not only was this silver’s best month since

    anglo pacific group plc

    EVs will drive demand for nickel sulfate over the next decade

    12th June 2020

    In a newly-released report on the nickel sulfate industry, Roskill forecasts that the expanding EV industry will become the key driver of growth in nickel demand. In the past, the market for nickel sulfate was largely driven by the plating

    anglo pacific group plc

    Gold prices settle 1% higher

    10th June 2020

    Gold prices settled higher Tuesday as global equities staged a modest retreat after being buoyant for weeks on the back of the reopening of economies stricken by the coronavirus pandemic. Prices for the precious metals found

    anglo pacific group plc

    Silver on the cusp of a huge breakout

    3rd June 2020

    Next to gold, silver is the most malleable and ductile metal. Throughout history, this has made it an ideal tool for artisans to create symbols of wealth and prestige, forging it to fit any shape or

    anglo pacific group plc

    Here’s Why Silver is a Unique Investment Hedge in 2020

    29th May 2020

    Max Greb, a Shanghai-based portfolio manager at Olivar & Greb Capital Management, has extensive experience in professional investment and wealth management consulting for individuals and families. When time permits, he shares his insight in this column

    anglo pacific group plc

    Gold gains as U.S.-China tensions lift safe-haven demand

    22nd May 2020

    Gold prices rose on Friday, following a sharp decline in the previous session, as escalating trade tensions between the United States and China lifted bullion’s safe-haven appeal, though a stronger dollar kept gains in check. Spot

    anglo pacific group plc

    The history and value of gold

    19th May 2020

    Gold has emerged as one of the best performing asset class in 2020, gaining 15% year to date with prices hitting all time high in India. These gains are special as it has come after a

    anglo pacific group plc

    Silver futures rise on spot demand

    5th May 2020

    Silver prices on Monday rose 0.42 per cent to Rs 41,410 per kg in futures trade as participants widened their bets on firm spot demand. On the Multi Commodity Exchange, silver contracts for May delivery gained

    anglo pacific group plc

    Silver futures rise on spot demand

    28th April 2020

    Silver prices on Monday rose 0.42 per cent to Rs 42,227 per kg in futures trade as participants widened their bets on firm spot demand. On the Multi Commodity Exchange, silver contracts for May delivery gained

    anglo pacific group plc

    Silver futures up 2.46%

    24th April 2020

    Silver prices touched Rs 42,710 per kg on April 23 as participants increased their long positions. According to Silver Institute’s World Silver Survey 2020 report, rising demand for bar and coin from investors will offset the

    anglo pacific group plc

    Anglo Pacific mines a stream of dividends

    20th April 2020

    Anglo Pacific is a one-off in this country. It is the only listed business focused on mining royalties – which means the group provides cash to miners in return for a slice of their revenues.  Some

    © 2024 – DirectorsTalk. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.