Is Coal Ready for Comeback? Coal Investing
“…a super-bullish take on the state of coal markets, noting it should pass crude oil as the world’s largest energy source next year as everyone from the U.S. and China to Europe, Japan, and India continue to increase coal-fueled electricity generation and steel production. The coal supercycle, it seems, is back.” Forbes
The company’s tended to be cautious on Q4 and excited about 2013. A different opinion: Doyle Trading.
NATGAS needs snow in Chicago (Greg Schnell). Sounds like the Northeast might be getting some next week.
“India’s thermal and coking coal imports rose 18 percent to 63.98 million tonnes in April to September from a year ago, coal ministry figures provided by an official showed, as local supplies continued to lag galloping demand.” Reuters
Is China due for a Slowdown? FRBSF Economic Letter China’s flash PMI. ISA maintains the investor wishing to invest in the industrialization of China theme ought to sell them what they need, though Chinese Stocks Look like a Bargain by Frank Holmes.