The United States exported 9.2 million tons of coal in October, which is close to a five-year high for the month, according to the Energy Information Administration.
Exports in October have ranged from 4.9 million tons to 9.9 million tons, according to the data.
Exports have been increasing since July, when coal companies shipped 7.2 million tons to other countries.
Most coal is sold through long-term contracts, but “spot market” sales show that coal prices are holding steady. Central Appalachian coal has been selling at $59.85 per ton for the past month. Northern Appalachian coal has been selling at $46.20 per ton.
- On December 26, 2017