Effective, October 4, 2013, Argus announced that it will discontinue 36 daily coal assessments. For a full list of discontinued assessments, see Argus’s Subscriber Notes here.
In Figure 1, the prompt price for Central Appalachian Coal (CAPP) is plotted against that of Henry Hub Natural gas as published by NYMEX. As seen above, since 2009, the coal and natural gas prices have switched direction of their movement and the gap between them has been increasing.
The factors influencing the demand of CAPP coal are numerous and changing, for more on this, read our blog Mining the Issue of Central Appalachian Coal Decline.See the original announcement
Data Sources: Argus | Effective Date: October 04, 2013