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High-dividend Coal Industrial Concept(coal Industry) stocks will be the "stable happiness" in 2024. The trend of Thermal Coal next year may fluctuate in a narrow range | 2025 outlook.
① The Coal Sector is expected to perform brilliantly in 2024, humorously referred to as the "most profitable track in A-shares"; ② Industry insiders anticipate that Thermal Coal prices will fluctuate within the Range next year.
MONGOLIA ENERGY: Interim Report 2024
Express News | M-Grass Ecology And Environment: Signed a 0.216 billion yuan remote ecological management service contract.
National Bureau of Statistics: In November, the output of raw coal from large-scale industries was 0.43 billion tons, an increase of 1.8% year-on-year.
On December 16, data from the National Bureau of Statistics showed that in November, the output of industrial raw coal from enterprises above designated size was 0.43 billion tons, a year-on-year increase of 1.8%; the average daily output was 14.266 million tons.
The benchmark coal price in Qinhuangdao has dropped to over 800 yuan per ton, setting a new low since mid-last year.
According to data quoted by Bloomberg from Thermal Group, the benchmark Coal price in Qinhuangdao fell to 803 yuan per ton yesterday (12th), approaching the break-even point after accounting for the costs of remote western mining and transportation, and is the lowest level since June of last year when Coal prices briefly fell below 800 yuan. The report indicates that Coal prices in China have accumulated a 14% drop from the highs at the beginning of this year, with some market reports suggesting that utility Institutions have reached record inventory levels which has suppressed demand, while domestic industrial demand remains weak. The Lunar New Year will arrive at the end of January next year, and economic activity is expected to decrease at that time, affecting Coal prices.
Hong Kong Stock Concept Tracking | The short-term peak season for the Coal Industry begins, Institutions are Bullish on dividend Asset allocation (with related stocks attached)
The cost-effectiveness of dividend asset allocation is once again apparent, and Institutions are bullish on the current layout window.