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Everbright Securities: Coking coal prices have bottomed out and rebounded, focusing on the investment value of undervalued coking coal stocks.
Everbright stated that after experiencing a downward resonance in coking coal prices and stock prices, the PB of some coking coal enterprises has now fallen below 1.0 times, making them currently possess a cost-effectiveness suitable for allocation.
E-Commodities Holdings Enhances Financial Strategies With New Agreements
E-COMMODITIES (01733) entered into a counter-guarantee contract with Xiangyu Co., Ltd.
E-COMMODITIES (01733) announced that on December 16, 2024, Xianghui Singapore (a wholly-owned subsidiary of Xianghui Energy...
Coal Industrial Concept(coal Industry) rises across the board, MONGOL MINING (00975) increases by 5.87%, Institutions indicate that the bottom of coal coke is likely confirmed, and a monthly level rebound is anticipated.
Jinwu Financial News | Coal Industrial Concept(coal Industry) rises overall, MONGOL MINING (00975) up 5.87%, NAN NAN RES (01229) up 3.5%, KINETIC DEV (01277) up 3.31%, CHINA QINFA (00866) up 2.27%, E-COMMODITIES (01733) up 1.87%, YANCOAL AUS (03668) and China Shenhua Energy (01088) follow suit. Xinda Futures states that the current coke market is in a strong fluctuation trend. The bank indicates that as equities strengthen, Commodities continue to rise, with the black Sector showing an overall strong trend due to domestic pricing. On Wednesday, daytime coal coke.
CITIC SEC Coal 2024 performance outlook: The decline is in line with expectations, time to allocate for dividend leaders at low points.
In 2024, the prices of various coal types continued to decline, with an average decrease of 14%, and anthracite coal saw the largest price drop.
In December, China's import volume of CSI Commodity Equity Index showed a mixed trend, with iron ore remaining at a high level, while the import volume of Coal and Soybean reached a record high for the year.
In December, the year-on-year increase in unrefined Copper and copper materials, integrated circuits, iron ore and its concentrates ranked first, while the decline in finished oil was the largest. The import volume of iron ore has remained above 0.1 billion tons for six consecutive months, and the import volume of Coal has remained above 45 million tons for the sixth consecutive month.
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