take a look at the CZA trading statement. Export coal prices down from $103 per ton to around $87, and sales volumes dropping. That is a big 15% drop in prices. Trend seems to be going down - reflected in the EXX price
Yep - about a year ago I posted "what effect could China's slowdown have on our market?" No-one replied. Since then resources have been a dog trade. Did everyone sell in May and go away? And yes, I am holding EXX as percentage of my portfolio - sigh! I'll take the dividend and look for the long term.