US coal prices are down, markets are shrinking as participants drop out, and trading is significantly quieter as uncertainty swirls around the industry. Andrew Moore, managing editor of Platts Coal Trader, and Jeff McDonald, associate editor, detail the changes and pain points of the current coal markets and the major futures contracts, including physically settled CAPP barge, financially settled CAPP rail, and financially settled Power River Basin 8,800 Btu/lb, as well as what the future holds for over-the-counter trades.
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