|
|
Article: State Summaries: WYOMING
- Article from:
- Mining Engineering
- Article date:
- May 1, 2008
- Author:
CopyrightCopyright Society for Mining, Metallurgy, and Exploration, Inc. May 2008. Provided by ProQuest LLC. (Hide copyright information)
|
Powder River Basin (PRB) coal spot prices rose an average $3.30/t ($3/st) in 2007. The growth was a 50.4-percent increase from $7.45 to $11.18/t ($6.75 to $10.15/st) for 8,400-Btu coal and a 40.7-percent increase from $9.22 to $12.98 ($8.37 to $11.78/st) for 8,800-Btu coal. Between January and June, average coal spot prices increased 7.8 percent for 8,400-Btu coal and 4.7 percent for 8,800-Btu coal. From June through December, average coal spot prices increased 21.6 percent for 8,400-Btu coal and 21.1 percent for 8,800-Btu coal. Annual average spot prices for 8,400-Btu and 8,800-Btu coal in 2007 were $9.12 and $10.95/t ($8.28 and $9.93/st), down 16.3 and 19.9 percent, respectively, from ...