Wall St. Analyst (SEBI Reg. # INH200000147) (www.wallstanalyst.com) ‘Screener’ series adds its latest publication which covers the industrial metals and minerals industry, more specifically the coal mining industry. Earlier this year, natural gas dethroned coal as the resource of choice towards U.S. electricity production for the first time. Our analysts have initiated coverage on the coal industry with focus on the following companies: Vale S.A. (NYSE: VALE), Peabody Energy Corporation (NYSE: BTU), Teck Resources Limited (NYSE: TCK), Arch Coal Inc. (NYSE: ACI), and Rio Tinto PLC (NYSE: RIO). Register today for free coverage on the industrial metals sector:
Coal futures peaked at over $200 per metric ton in 2008 and have dropped 77% since then, while oil prices have fallen 69% in the same period. Recent declines in coal prices have been exacerbated by two key players in the global market, the U.S. and China. As macro data and news continue to weigh heavily on the industry, WallSt.Analyst.com brings comprehensive study to understand the economic cycle in which the coal industry is currently evolving. Access the free daily technical analysis on Vale (VALE), Peabody Energy (BTU), Teck Resources Limited (TCK), Arch Coal Inc. (ACI) and Rio Tinto PLC (RIO) at:
Over the last week, the Materials Select Sector SPDR, Vanguard Materials ETF and the iShares U.S. Basic Materials ETF have each posted losses. The Bloomberg Commodity Index is trading at 87.33, its lowest level since late August 2015, and the index has lost more than 16% year-to-date. Sign up to read our free research on the industrial metals industry and have a better understanding of the factors in play within the sector at:
The information within this report is provided to its recipients for informational purposes only and shall not be used or considered as an offer or solicitation to trade or subscribe for securities or other financial instruments. The data contained within this report is based on information derived from reliable sources, but its accuracy or completeness cannot be warranted, expressly or impliedly, by WallStAnalyst.com.
Mr. Raqueem Khan
Phone: (080) 41 31 11 750
Mobile: +91 77 95 34 86 72