Industrial Metals

Bloomberg reported that that profits for China Coal (HKG:1898) were up in the first quarter on strong prices and rising demand for coal.

Bloomberg reported that that profits for China Coal (HKG:1898) were up in the first quarter on strong prices and rising demand for coal.

The market news is quoted as saying:

China’s economy expanded 9.7 percent in the first three months, beating a forecast in a Bloomberg survey of economists for growth of 9.4 percent and boosting demand for energy and raw materials. China Coal increased the selling price of the commodity by 5 percent in the first quarter compared with a year earlier, data from the statement showed.

To read the full market news, click here.

MARKETS

Markets
TSX19062.91+345.79
TSXV647.33+15.54
DOW31500.68+823.32
S&P 5003911.74+116.01
NASD11607.62+375.43
ASX6528.40+19.90

COMMODITIES

Commodities
Gold1837.28+6.26
Silver21.46+0.33
Copper3.79+0.05
Palladium1937.00+60.00
Platinum918.50+7.50
Oil107.98+0.36
Heating Oil4.25+0.01
Natural Gas6.11-0.12

DOWNLOAD FREE REPORTS

×