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Coal Investing News reports on coal and oil prices over the years. Coal prices have gone through two really quite extraordinary cycles. Six years ago, the price of coal was $25-30 per metric ton, with a few pluses and minuses. Toward the end of 2003, coal prices started to move up; it moved up quite …
Coal Investing News reports on coal and oil prices over the years.
Coal prices have gone through two really quite extraordinary cycles. Six years ago, the price of coal was $25-30 per metric ton, with a few pluses and minuses. Toward the end of 2003, coal prices started to move up; it moved up quite significantly in 2004 and into early 2005, and reached around $100 per ton. That was still when the coal price seemed to be a consequence of coal supply and demand, which was basically the driver for the upward movement of prices in ‘04 and ‘05.
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