nice find Mihal, thank-youI think the USA gas swich has been the...

  1. 1,858 Posts.

    nice find Mihal, thank-you

    I think the USA gas swich has been the driving force on the over supply of coal onto the seaborne market.

    It would seem we have settled at the 88-90 price for now with thermal.

    As gas prices increase and the closed/reduction in output from USA mines (Arch coal/patriot) take effect we should see thermal nearer the $100 mark in the future
 
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