Peabody energy, the world’s leading private coal producer, is taking a nasty hit on derivative contracts designed to protect it

Peabody energy, the world’s leading private coal producer, is taking a nasty hit on derivative contracts designed to protect it against price falls. Part of a broader picture of liquidity stress in commodity sector. Check out Chartbook #100.
adamtooze.substack.com/p/chartbook-10… https://t.co/mgYmrUxqyT

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