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Arch Coal Inc. Message Board

  • cadmium_telluride cadmium_telluride Apr 16, 2013 10:48 PM Flag

    CSX Shipment Down Because Coal Prodution is Curtailed

    Some one tries to make a logically weak postulation and suggested that as CSX (railway) shipment of coal is down, the demand must be weak.

    CSX shipment is not related to demand, but related to SUPPLY. Us coal producers continue to contail coal production by about 10%. So OF COURSE the CSX shipment is down 10%. What else do you expect? Do you expect CSX to ship coal that has not been produced?

    So CSX shipment down is bullish news. It means the supply side continue to be curtailed even as demand side has recovered.

    Sentiment: Strong Buy

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