Market looks good for buyers Not so attractive for suppliers

摘要

The time is right for coal buyers to enter the market. It's also time for sellers to resist the urge to sell. That's the assessment of a veteran industry source who sees potential bargains for utility buyers and not-so-desirable pricing numbers for producers. With CAPP coal hovering in the mid- to high-40.00 dollars range, near-term purchases are prudent, but suppliers need to hold their ground while mining costs remain high, the source said.