Friday, May 6, 2011

Central Appalachian thermal coal prices fall in wider sell-off

Deep losses across the wider energy complex pulled Central Appalachian coal prices lower on Thursday, with barge and rail markets sustaining substantial pullbacks along the forward curve.
At the front of the curve, prompt-month CAPP barge prices fell about 3.9%, while CSX rail prices slid 1.5%. These losses were less severe than those in the crude and natural gas futures market. Continued

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