The analyst rating is influenced by the escalated situation in Iran, which has significantly increased global energy supply risks. This situation is expected to lead to a rise in the central parity of coal prices. The report emphasizes the growing strategic significance of coal resources for China, particularly as a ballast for energy and a crucial raw material for chemicals. The importance of securing upstream energy supply amid complex geopolitical dynamics is highlighted, suggesting that high-quality coal assets may see enhanced valuation. Recommended stocks reflect this outlook, indicating a positive sentiment towards companies involved in coal production.
