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Low natural gas prices continue to weigh on US OTC coal market

A single trade for the physical Central Appalachia rail (CSX) June contract went Monday in what was a largely uneventful day, as financial markets were quiet, partly due to a bank holiday in the United Kingdom.

The June CSX contract (12,500 Btu/lb) traded for $44.85/st for one train (11,000 st), brokers said. The contract was then heard bid afterward at $44.75/st with an offer at $45/st. The June contract last traded April 29 for $45/st.

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