traveler1116
The prices for a variety of different commodities prices have fallen steeply over the first half of 2023 compared to the same period in 2022. For example, metallurgical coal which is the focus for Ramaco Resources, Inc. (
Ramaco Resources: Despite Falling Commodity Prices, It Remains Appealing
Summary
- Commodity prices, including metallurgical coal, have fallen steeply in the first half of 2023 compared to 2022.
- Ramaco Resources, Inc. operates low-cost mines and generates strong margins, making it an appealing investment.
- Despite efforts to reduce coal dependence, demand for coal is likely to persist due to ongoing construction projects and the need for steel production.
I like to spend my time looking at commodity markets where momentum often is high and exciting to follow. Driven largely by major market trends but also short-term headwinds, I find that these situations can create some very interesting investment opportunities, both from short and long plays.
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