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Re: Strong Export Coal Means Stronger Prices
Strong Export Coal Means Stronger Prices [Article]
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Quoting from [xuqingali]:

Written by: LT Staff
4/17/2008
Coal volumes continue to be a high point in rail volume trends, says Morgan Stanley Research, offsetting some weakness in industrial commodities.


Export coal volumes on eastern railroads could be up 20% to 30% in 2008. The higher margins on this business could benefit further from price increases. “The contribution to margins is far greater from a price increase than volume,” says Morgan Stanley. “With metallurgical coal running at [three times] last year's prices,we expect to see a material increase in rail pricing for export coal in [thesecond quarter of 2008].”

Historically,export coal makes up only 5% to 10% of coal volumes, says the analyst firm, but the benefits to the railroads of strong demand and pricing on export coal can help balance other commodity sectors.

Source from http://www.logisticstoday.com/
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Strong Export Coal Means Stronger Prices [Article]
This is a comment to the article. Please click the link to view the original article.
05 Jul 2008 21:36
Post 2 of 2
Quoting from [xuqingali]:



s.prop6 = 'Article';
s.prop7 = 'Strong Export Coal Means Stronger Prices';

Written by: LT Staff


s.prop9 = 'Written by: LT Staff';

4/17/2008
Coal volumes continue to be a high point in rail volume trends, says Morgan Stanley Research, offsetting some weakness in industrial commodities.


Export coal volumes on eastern railroads could be up 20% to 30% in 2008. The higher margins on this business could benefit further from price increases. “The contribution to margins is far greater from a price increase than volume,” says Morgan Stanley. “With metallurgical coal running at [three times] last year's prices,we expect to see a material increase in rail pricing for export coal in [thesecond quarter of 2008].”

Historically,export coal makes up only 5% to 10% of coal volumes, says the analyst firm, but the benefits to the railroads of strong demand and pricing on export coal can help balance other commodity sectors.


Source from http://www.logisticstoday.com/


are not equivalent
13 Apr 2009 20:25
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