Excerpt from: Financial Spread Betting Strategies
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| February 08, 2008 | | Tight supplies mean higher coal prices | Placing spread bets on coal prices should consider that they are going up due to demand. Financial spread betting strategy on commodities, like coal prices, should consider that any time there is a tight supply, the price goes up. Between blizzards in China and increased demand for coal, coal prices are likely to continue to rise. MarketWatch reports on coal prices:
Coal is poised to continue its rally as "tight markets are being
further squeezed by new developments," Alan Heap, an analyst at
Citigroup, wrote in a research note. | | |
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