Spot market continues to flounder despite the fact met coal (should be?) running short

摘要

Even as ships dock seemingly anywhere someone might find a way to load export coal, one development - or non-development - continues to surprise in the wake of the Australian floods that cost the world maybe 15-20 million metric tonnes of coking coal. Spot demand has been sparse. - clearly some deals are being done under the radar - but there hasn't been the blitz on U.S. suppliers that many had anticipated. "I think if you talk to (met producers) sort of behind the door - it's like 'My phone's not even ringing,'" one source said. "That's the scary part. It's kind of like -what the (bleep)? Either the stocks are up at the plant sites or there's a helluva poker game going on."