USA Coal Report

Shutterstock photo

Spot coal prices by coal commodity regions (i.e., Central Appalachia ( CAP ), Northern Appalachia (NAP), Illinois Basin ( ILB ), Powder River Basin ( PRB ), and Uinta Basin (UIB)) in the United States.

Mild winter and spring weather reduced demand for coal from utilities that use it as fuel to generate electricity. Additionally, utilities and some manufacturers have switched from coal to cheaper natural gas for fuel. The price of natural gas has fallen nearly 25 percent this year because booming production has produced a glut, further weakening the attractiveness of coal.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Commodities
Referenced Symbols: CAP , ILB , PRB

More from International Business Times


International Business Times

International Business Times

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by