| 03.05.2013 - Coal prices resilient to drop in consumption |
| Delivered coal prices appear to be exceptionally resilient to the drop in consumption. In fact, while delivered coal volumes have been declining, delivered coal prices have been rising, Barclays noted in a report. One might expect coal deliveries priced at $3.00 per MMBtu equivalent or more to drop the most as coal-to-gas displacement eats into the coal supply stack...............................................Full Article: Source |