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30 Oct
17:00

Peabody Q3 earnings shows coal prices holding steady

US coal supplier Peabody Energy witnessed relatively stable coking coal prices during the third quarter, Kallanish reports. Q3 low-vol hard coking coal spot pricing continues to in line with Q2 and favourable to historical averages. The company reports an average price of $189/tonne and a high of $209/t during Q3. “The third-quarter index settlement price for premium low-vol hard coking coal was $188 per tonne compared to $170 per tonne in the prior yea…
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