The coal into commodities this year the biggest dark horse mineral company in windfall windjview

The coal into commodities this year the biggest dark horse mineral company in windfall U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks news Beijing time 9 days Bloomberg said, coal prices unexpectedly soared this year, should give the global biggest boost profits of mineral company unexpectedly, their earnings are the trend of commodity downturn eroded. The price of coking coal, which has been rising in recent weeks, has jumped by 9.5% on Thursday, the largest since 2013, the largest single day gain in australia. According to Liberum CapitalLtd. data, according to the current price of coking coal, BHP Billiton will be given in the next fiscal year in June 30th this year, nearly $5 billion increase in interest income tax depreciation and amortization of basic profit. Because of Chinese control production to enhance its dependence on his country’s supply, coal prices have surged this year more than doubled. The wave was described as a "surprise" rally by Morgan Stanley, which has brought the gospel to the mining industry, which is still suffering the pain of falling commodity prices over the past five years. In addition, it will help to make up BHP Billiton’s main source of profit for the deteriorating prospects of iron ore, the company and many banks are expected to iron ore prices will fall by the end of the year. "No one predicted this result," said Liberum Capital Ltd., a London based mining analyst at Richard in. "This round of rally makes the whole market surprised. If the price of coal (coal and coking coal power) to maintain the existing level, will give the industry a huge performance improvement." Editor: Wang Yongsheng SF153相关的主题文章: