Futures price movement meager as traders take a week to evaluate on-going prospects

摘要

The past week in the futures coal market was more about treading water and figuring where things are headed than it was any suggestion of a major trend. Some NYMEX Eastern barge coal prices were up, some were down, and few were appreciably changed. Following five days of trading on the Central Appalachian Coal contract at the New York Mercantile Exchange, the April 2009 price was up 67 cents, May 20 cents and June three cents. Third quarter settlements slipped 41 cents during the week, fourth quarter 21 cents.