Replies to post #576 on Value Microcap DD

[northenlightsk05]

Re: CHGY coal price. I got their coal price of $80 USD (560 RMB) per ton from the company. I called them and asked them their selling coal price. They said that it was 560 rmb per ton (or $80 USD per ton).

Australia coal price for export purpose is around $74 - 76 USD per ton currently. Chinese coal price is higher than the international coal price, usualy aroung 560 RMB ($80 USD) per ton at port price for thermal coal of 5500 - 5800 Kcal.

CHGY coal has better thermal property of 6800 -7000 Kcal, commanding better price.

Coal price jumped last year significantly and remains at high price currently.

You can search Chinese coal price easy through Google.