Otmane El Rhazi from Today in Energy.
Eastern spot steam coal prices declined in 2014 compared to 2013 levels because of a decline in steam coal exports. The price declines were particularly pronounced in the second half of the year, as natural gas prices dropped below $4/MMBtu, making higher-priced eastern coals less price competitive as a fuel for generating electricity.
Eastern spot steam coal prices declined in 2014 compared to 2013 levels because of a decline in steam coal exports. The price declines were particularly pronounced in the second half of the year, as natural gas prices dropped below $4/MMBtu, making higher-priced eastern coals less price competitive as a fuel for generating electricity.
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