Ride the Tiger with CD Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Land Shark who wrote (119632)	6/22/2008 2:24:28 PM
From: E. Charters	Read Replies (1) of 312672

Not only that, but those prices are 2007. PRB coal was shipped to Canada in 2007 for 38 dollars a ton. It is very desirable as it has low sulfur. (below 0.5%). Indonesian Steam coal sold for $39.00 a ton in 2007. It now has a price of $75 for the same calorific value as the GXS coal. Today the prices might be closer to $75.00. GXS has to compete in that their coal may be higher sulfur, (about 1%) so they may have to sell closer to $60.00 a ton. However they can get benefit by building a power plant and desulfurizing the coal themselves. Until we know the actual grade of the greater part of the coal deposit, and stable prices, pricing is just guesswork. EC<:-}

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next