No idea where it will be. Anyone who tells you otherwise is lying.
The coal price has seen a steady decline for two years. Will it continue? Who knows? A certain poster called $300/t the bottom, then $250, then $200, then $150, then $140, now they've said $100 is the bottom.
It could well in fact be the bottom. But there's no certainty, and even if it is the bottom, there appears no reason why it should shoot back up to $200+
Coking and Thermal coal prices...where are we going?, page-352
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