Scattershooting while wondering whether 404 issue will further clip CAPP

摘要

Scattershooting while wondering whatever happened to the Fourth Estate... Eastern utilities have been slow to tip their hands with regard to proposals they are holding in response to recent RFPs. "We haven't gotten a whole lot of feedback yet, but I feel like, for term business, this time, producers have been a bit more disciplined," one major Central Appalachian coal supplier said. "I think that's kind of come to fruition. Everybody was either at the term published market numbers or above." When all is said and done, the source said, the market for a three-year supply of high quality CSX-origin coal likely is between 120 dollars/ and 125 dollars/ton FOB mine. Other sources have suggested 130 dollars and even a little north of that. But buyers have seen numbers below 120 dollars, though it isn't clear that they've seen many tons.