There is a new report that just came out from RBC saying thermal could be in the 90's. This is an interesting development for all the producers.
Becareful with investing in the big boys as a lot of them have locked into certain contracts and will not benefit from the upside of the price increases...
The US is becoming a major exporter of coal and this is creating a major shift in the supply demand curve of coal domestically. I don't forsee coal pricing going down any time soon.
I am a bit biasis as I just invested in a smaller profitable coal producer that is going public within the next 3 months though....
Always look at their contracts to ensure they will benefit as you don't want them to be a dog in a strong market....
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