thermal coal price, page-7

takan,
I agree with you about the carbon issue but have also been reading a lot about the amount of coal power stations going up throughout asia. Also starting to hear news in the US about clean coal being pushed by obama. Was an article today about using gas from coal to power vehicles. I have bought in from the 1.50's but am still wondering if we will ever get back to the $3 mark that we had in the past with coal at the current spot price. Long term demand is increasing by the look of it. Its a hard call.