Wednesday, April 30, 2014
Why Coal Prices Might Be Set for a Rebound
Though the coal sector continues to struggle due to plunging prices, the news isn't all bad for the sector. In fact, the confluence of information from Peabody Energy (NYSE: BTU ) suggests that a turn is all but certain.
For domestic coal investors, Peabody Energy provides the best insight into the global commodity with mines in both the U.S. and Australia along with customers on six different continents. The industry news is consistent with the information doled out by Arch Coal (NYSE: ACI ) a few days ago.
Read the full article here.
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