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Railroad indexing to API 2 could help US coal exporters manage risk

Link to API 2 could make exports look more attractive and reflects growing participation in coal market by US firms

Freight train
Railroads could track European coal prices

The possible linking of transportation prices to API 2 by US railroad firms could increase the exportability of US coal and bolster the status of the dominant coal benchmark, according to market participants.

"The eastern US railroads have seen their business of transport to the domestic utilities well under the historical levels they had gotten used to, so they're increasingly reliant on the

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