Met coal producers shift to spot pricing amid volatility
Jun 25, 2013 | 09:19 AM
| Stacy Irish
NEW YORK Metallurgical coal producers have moved to shorter-term spot pricing as a way to manage volatile prices, according to a top executive at Xcoal Energy & Resources LLC.
"In an oversupplied market, less than 10 percent of the seaborne-traded coking coal is priced at a headline benchmark price," Ernie Thrasher, chief executive officer and chief marketing officer of the Latrobe, Pa.-based company, said June 21 at the IHS McCloskey Coal USA conference in New York.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.