As coal supply tightened in 2018, due to a boom in the export market, market participants expected supplies to replenish in early 2019, but so far, sources said people are still getting caught up from last year. One producer said the wet weather in the fourth quarter, which slowed production, exasperated the situation. “The weather during Q4 has been affecting everyone’s production,” he said. “A lot of people needed coal late in 2018 and in December, and that’s kept it tight into January because that coal got shifted into December.” The source said he heard that a utility paid in the low $80s/st for 12,500 Btu/lb Central Appalachia rail (CSX) coal. “I still have people calling me asking if I’ve got […]