Coal-fired electricity generation has had a modest rebound this year, but modestly increased coal generation has not been a rising tide lifting all coal boats.
Coal production is down 1.8%. Coal consumption is up 4.4%. Exports are down 8.1%
All that has added up to coal prices falling about 2%, the first decline since 2000! That declining price signals distress and competitive pressure from natural gas as well as renewable energy.