Lower sales revenues for Foresight

US COAL producer Foresight Energy has reported coal sales of $US228.5 million on sales volumes of 5.3 million short tons in the September quarter, which was $22.7 million lower than the previous corresponding period.

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Lower sales revenues for Foresight Lower sales revenues for Foresight Lower sales revenues for Foresight Lower sales revenues for Foresight Lower sales revenues for Foresight

The company attributed the lower coal sales to difficult coal market conditions driven by oversupply in the market, excess utility stockpiles and continued low natural gas prices.

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