Commodity Market Report

North America coal short-term outlook February 2024

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Coal-fired generation dropped off in February as a result of milder temperatures and will continue to decline through the shoulder months. In addition, abundant cheap natural gas continues to oversupply the market pushing out more and more coal. The gap between apparent production capacity and delivered coal widens. In the longer term, producers will trim excess capacity to suit the shrinking market.

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    North America Coal Markets – Short Term Outlook – February 2024.pdf

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