US Met Coal Prices Don't Reflect Reality

I’ve had an article summarizing the Met Coal Producer’s Association conference mostly finished for a week now, but haven’t put it out for a few reasons.

The main reason is that I’ve just been incredibly busy trying to clear my desk so I can devote my entire time to this website and blog…and to that end, continued apologies for the sluggish publishing rate.

But the other reason was that I wasn’t sure how to phrase - or more to the point, how aggressively to phrase - the clearest takeaway from some of the most poignant coal conversations I’ll have all year.

So instead of hemming and hawing any further on the matter, I’ll just come straight out and say it…

The accepted methodology for index pricing of US Metallurgical Coal is total BS.