BANPU, AGE, LANNA Edge Higher as Coal Price Surges to Record Level
The share price of BANPU, AGE and LANNA rose higher in response to the coal price that reached record level amid rising demand from economic recovery.
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.