Coal Prices in Costliest U.S. Region Fall From 12-Year Peak
- First decline since July after natural gas prices slide
- Global demand for power triggered coal shortages last year
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U.S. coal prices have fallen from a 12-year high as natural gas prices tumbled.
Central Appalachia, the U.S. region with the most expensive coal, posted its first price decline since July, falling 6.4% to $86.55 a short ton for the week ending Jan. 7, according to data from S&P Global Market Intelligence.