Member Info for RedbullRJ

Gas and oil back to recent highs, Coal Prices 25/10/21 both up today:

API 4 Fob Richards Bay Argus Nov '21 (IFFX21) $184.00 +2.50 (+1.38%)
ICE Rotterdam Coal Nov '21 (LUX21) $200.00 +23.20 (+13.12%)

My sensors always say ntc; never trust China ;-) Winter's Coming

It's amazing how quiet it has gone on here now that the share prices is stable, the dozens of posts from newbies or others ramping and damping, with no real information or false news, now vanished

So as to keep something ticking over with actual news:

Here is the link to today's Rotterdam November Coal price, which is up 6% at time of writing. Hopefully API4 is following and will know later when the price is accessible.
https://www.barchart.com/futures/quotes/LUX21/overview

Also Monday's SA mining update:
https://www.miningweekly.com/article/weekly-sa-coal-report-2021-10-25

Hoping it stays quiet on here, with a nice steady increase in SP. GLA

Something a bit more up to date:
https://www.reuters.com/business/energy/china-wants-cool-coal-prices-similar-moves-metals-crude-failed-russell-2021-10-21/

http://biomassmagazine.com/articles/18405/uk-ccs-cluster-anchored-by-drax-beccs-project-moves-forward
https://www.drax.com/press_release/drax-group-ceo-will-gardiner-responds-to-the-governments-net-zero-strategy/
https://www.drax.com/press_release/drax-group-ceo-will-gardiner-responds-to-track-1-cluster-announcement/

Another step in the right direct to successfully achieving Drax's BECCS ambitions.

https://www.proactiveinvestors.co.uk/companies/news/963796/carbon-capture-projects-led-by-bp-shell-and-drax-get-green-light-for-government-funding-963796.html

Anglo American IR page is showing "Q3_2021_Production_Report 21/10/2021" so possibly it has been transcribed across in error?
I hope not though an update would be most welcome.

"Operations at the Richards Bay Coal Terminal - Africa's largest coal export facility - are unaffected, a spokesperson said. The coal terminal is located across the bay from Richards Bay port."

https://www.nasdaq.com/articles/fire-hits-south-africas-richards-bay-port-transnet-says-2021-10-14

SP, if you actually read through my posts, you would understand they are to avoid FUD, as many will not understand where the coal terminal is and just assume the fires will affect Thungela's export operations.

Unlike you, I am posting for a reason, with very relevant and verifiable information.

In videos the cameraman appears to be standing at:
-28.780735478546074, 32.035897993149604

Power lines running from pylons at:
-28.78141168490816, 32.02947010684166
can be seen running across the top of the shot in 1.1 and 1.2

Building with distinctive roof at 22 seconds in on video 1.1 looks like it is the building at:
-28.782341726264146, 32.034352325535956
Visible in this street view:
https://goo.gl/maps/EtzzffuNfDmHSxVa9

All of which are no where near the southside thermal coal terminal or its rail lines

Back to constructive discussions:

There has been another fire :-0

However, like the previous fire, from the buildings and conveyors visible, it also appears to be on the North side of the harbour, not the coal terminal on the South. The person filming also mentions "Foskor", which is located on the Northside, several miles away from the Southside coal terminal.

https://zululandobserver.co.za/258527/watch-second-conveyor-belt-fire-in-a-week-at-port-of-richards-bay/

https://www.timeslive.co.za/news/south-africa/2021-10-14-richards-bay-port-struck-by-second-fire-in-a-week/

China, coal still going up today:
https://en.macromicro.me/charts/1316/china-thermal-coal-futures

Rotterdam, climbing again today and for the last week:
https://www.barchart.com/futures/quotes/LUX21/interactive-chart

Richards bay, today; tbc. Overall; other than spike on 4th and 5th, still holding on to highs and still massively up on a month ago.
https://www.barchart.com/futures/quotes/IFFX21/interactive-chart

Hopefully after the last 3 weeks surge and drop, we can get back to rising steadily and a more respectful board.

"Underscoring the urgency of the situation in China, thermal coal futures surged to a record for a second day on Tuesday as another key mining region suffered flooding, complicating efforts to boost supply and halt the escalating energy crisis"

https://twitter.com/business/status/1447863384838483970

Coal is on the rise today. Monday's Rotterdam prices here:
https://www.barchart.com/futures/quotes/LUX21/futures-prices

No doubt API4 will be following suit when an up-to-date price is available later.

2030!
https://www.miningweekly.com/article/south-africa-should-not-rush-move-away-from-coal-minister-says-2021-10-07

Near term futures may have dropped, but 2024 onwards up.
https://www.barchart.com/futures/quotes/IFFF22/futures-prices?viewName=main

In all the chaos and hundreds of auto trades from 08:04 - 08:07 there were a few big buys like this:
07-Oct-21 08:06:35 440.00 80,519 Buy* 436.30 439.50 354.28k

Thanks for That Gubby, I already use that one. Unfortunately it seems to update only later in the day (If I'm using it correctly?) Is it only traded in NY, so market not open till later, and then a delayed price from that?

Good news though is Rotterdam Coal Nov '21 (LUX21) is now 286.05. 15.81% up on yesterday, so I can only see RBCT prices rising as similar % when they are available.

Thanks, BT, I have found several that do in the afternoon yet, nothing in the morning though yet.

Rotterdam Coal Nov '21 (LUX21) 5/10/21 274.70 +27.70 up 11.21% from yesterday.
I don't have a current price yet for API4, has anyone found a link to one that updates in the morning?

https://www.barchart.com/futures/quotes/LUX21/interactive-chart

You could use a spread betting account for your trading to reduce capital gains, if you can make them. Spread betting can be a good way to make massive losses though, if you are not sure what you are doing.

Retirement_Plan, depending on the amounts and your circumstances, I assume you are already using an ISA and/or SIPP?