Tips for buyers and tips for producers: Both have arguments about where prices will go

摘要

As the demand for thermal coal continues to increase the forward curve for prices is looking better. But, in the short-term, there are multiple reasons why they will be held in check. Buyers will be looking at: New Illinois Basin longwall production from Foresight Energy and White Oak Resources New Illinois Basin production from Alliance Coal's Gibson South mine New Pitt seam longwall production from CONSOL's BMX mine Increased Pitt seam production from Alliance's Tunnel Ridge mine Increased Pitt seam production from the mines Murray Energy acquired from CONSOL A return of more thermal coal from the export market to the domestic side Crossover of metallurgical coal to the domestic thermal market.