Lots of coal at mines in the Illinois Basin holding down prices as market improves

摘要

Producers in the Illinois Basin know what to do with the coal that they thought would be going into the export market during the third and fourth quarters, and it's not pile it up at the dock. A lot of the coal expected to go into the export market is being dumped into the domestic market. And dumped is the operative word. A source who recently toured mines in the region said the amount of coal that's stockpiled is sort of mind boggling.