This Mysterious Blockade Is Lifting The Coal Rally Even Further

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This Mysterious Blockade Is Lifting The Coal Rally Even Further
Photo by Pavlofox (Pixabay)

Coal continues to be one of the strongest stories in the commodities sector. With news emerging this week that the world’s leading producer Coal India is hunting for overseas acquisitions of coking coal mines.

And strange news from the world’s largest coal-exporting nation could add fuel to the fire. With local problems here apparently creating potential for a significant supply disruption — that could drive global prices higher.

Coal

That’s in Indonesia’s key coal-producing region of Kalimantan on the island of Borneo. Where Reuters reported yesterday that coal exports have suddenly halted.

Bonhoeffer Fund July 2022 Performance Update

Screenshot 27Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%.