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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Brait | LSE:BTU | London | Ordinary Share | LU0011857645 | NPV(UK REG) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Nov 2019 to Nov 2024
Peabody Energy Corp. (BTU) President Rick Navarre said Wednesday a rebound in U.S. coal markets will lag behind a return in Asian markets.
Speaking at a coal conference, Navarre said he expects a strong second half of the year in the Pacific market, while the Atlantic market will be down for the year.
The Pacific market "will dominate what is happening in the overall global markets," Navarre said, with China and India driving demand.
Although U.S. coal prices have dropped sharply in the last year, he said current spot prices are "unsustainable" and producers' response to reduce supplies has been unprecedented.
-By Mark Peters, Dow Jones Newswires; 212-416-2457; mark.peters@dowjones.com
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