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The Dow Jones Coal index is down 87% since 2007.
Despite the midyear dip, coal stocks were among the best performers on the New York Stock Exchange in 2001, with the Dow Jones coal index still up 64percentt over all.
Chinese coal prices have fallen 17 percent so far this year to 540 renminbi, or $88.23, per ton last week, according to the Bohai-Bay Rim Steam Coal index.
Enter the two-month-old Van Eck Market Vectors Coal ETF (44, KOL), which tracks the price and yield performance of the Stowe Coal Index.
Seeks investment results that correspond to the price and yield performance of the Stowe Coal Index which is made up of companies that acquire more than half of their revenue from the coal industry.
The Coal Index (KOL) is down 28% since late 2011, and the Oil & Gas Index BGRR) is down 8% as well".
Similar(54)
Laws of variation in high-temperature oxidation of coal indices, such as the coal temperature, gas ratios, rate of oxygen consumption, and exothermic strength from indoor temperature to 500 °C, were investigated at those oxygen concentrations.
b Coal Dependence Index and nontax revenue ratio.
b Coal Dependence Index and the share of administrative expenditures.
Fig. 2 a Coal Dependence Index and the share of social expenditures.
Fig. 1 a Coal Dependence Index and degree of fiscal autonomy.
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