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Coal beats gold (and other commodities) amid coronavirus gloom

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Posted (edited)

Coal’s image is increasingly that of a pariah fuel, demonised by environmentalists and shunned by investors wary of its role in climate change.

But one of the top performing commodities this year is coking coal, the higher-quality fuel used to make steel.



At times like these we could all be doing with some c0ke.

Edited by dmedin

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But iron ore, steel and coking coal are pricing on the basis that a massive infrastructure and construction programme is coming, maybe even bigger than the 4 trillion yuan ($566 billion) package announced in the wake of 2008 global financial crisis.


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11 - 50 clients are trading iron ore.

No option for coal.

Limited range of 'options' in general.

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