The share price of coal stocks edged higher on July 16, 2021, as coal price surged to a record level at US$146/MT.
As of 11:25 local time in Thailand, the share price of Banpu Public Company Limited (BANPU) rose ฿0.50/share or 3.68% to ฿14.10/share.
Asia Green Energy Public Company Limited (AGE) gained ฿0.12/share or 3.70% to ฿3.36/share.
The Lanna Resources Public Company Limited (LANNA) increased ฿1.30/share or 7.78% to ฿18.00/share.
Coal price (Newcastle) rose to a record high at US$146/MT yesterday in response to global economic recovery from Covid-19 outbreak, especially in China after the supply is running low after its ban on coal import from Australia.