Commodity Market Report

North America coal short-term outlook August 2018: hot summer lifts demand and prices

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31 August 2018

North America coal short-term outlook August 2018: hot summer lifts demand and prices

Report summary

Americans have been cranking up their air conditioning with hotter than average summer weather across the US. The increased power demand has been helping to add strength to both coal and natural gas markets in August. Total estimated US coal production was up 4.5% in August from the previous month. Natural gas storage is at its lowest level seen since 2003.

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