Coal markets in the US were weak, finishing lower as summer progressed without new interruptions to supply growth or signs of increasing demand. The US has experienced 15 pct more cooling degree days than last year, but that trend has been inconsistent, and cooling degree days are still 6 pct below the 5-year average. With coal inventories at their highest level in more than a year at many plants following the strong builds through April, coal producers have not received the hot summer they expected and are pushing coal into a market already showing signs of being well-supplied.
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