Is there some honey in that tree? Bears emerge from hibernation

摘要

The top buyer at a major Eastern utility told U.S. Coal Review that the market is rather dull right now, from his perspective. But he, like a lot of folks, is betting the company wallet that some downward momentum is taking shape. "We haven't seen prices jump up at all," the source said. "Nor have they crashed. On balance they seem to be continuing a slippage - nothing exorbitant." Suppliers are talking a good game, the buyer said, but he still thinks the fundamentals are on his side. "People are thumping their chest and all, but it's not quite backed up by the facts," the source said.