Thermal coal futures plummeted “doubled” and energy and chemical ETFs fell to a standstill

Securities Times reporter Zhang Yanbei supervised the “combo punch” in an instant, and the commodity market changed overnight. On October 20, coal futures and stocks came to a standstill. Relevant traded open-ended index funds (ETFs) were also hit hard, and market funds rarely fell to a standstill. Previously, benefiting from a sharp rise in thermal coal futures, the earnings of related commodity ETF funds doubled during the year, while their share nearly tripled within a month. Looking ahead to the future market of the coal sector, some public investors believe that in the context of carbon neutrality, supply contraction is stronger than demand, and that industry sentiment is expected to continue in the short term. However

證券時報APPOct 21, 2021 01:51