WRITTEN BY ANDREW MORAN ON OCT 7, 2022. POSTED IN LATEST NEWS
U.S. Coal Prices Top $200 As Global Energy Desperation Grows Before Winter
thermal coal power plantU.S. coal prices soared past $200 per ton last week, according to new data from the Energy Information Administration (EIA).
Spot Central Appalachia coal prices climbed to $204.95 per ton for the week ended Sept. 30, up more than 3 percent from the previous week. That’s the highest price since 2005.
Newcastle coal futures, the benchmark for Asia, touched a record high of nearly $450 per ton, before easing to around $400. [bold, links added]
Domestic coal production has been holding steady. EIA numbers show that U.S. coal output totaled 12.1 million short tons, up 1.9 percent year over year.
https://climatechangedispatch.com/u-s-coal-prices-top-200-as-global-energy-desperation-grows-before-winter/
