UPDATE 2-Kansas flooding shuts portions of coal rail lines
(Adds details about coal market trends)
CHICAGO, July 3 (Reuters) - Floods in Kansas have shut portions of rail lines that carry coal and other commodities to the Southeast and Southwest, three rail companies said on Tuesday.
Burlington Northern Santa Fe Corp. (BNI.N), Kansas City Southern (KSU.N) and Union Pacific Corp. UP.N all shut portions of lines after torrential rains over the weekend.
"We have parts of lines under several feet of water," said James Barnes, spokesman for UP, who added the problems were mostly in Kansas.
BNSF said on Tuesday the flooding will keep a coal line in Kansas shut until at least Thursday.
The BNSF line is south of Kansas City between Henson and Fulton, Kansas, a spokesman said. All customers in the Southeast are affected by the BNSF delays, but the company is attempting to reroute some coal traffic on other railroads and via the River Sub in St. Louis. "Right now we are rerouting," said the spokesman.
BNSF is the largest shipper of coal from Wyoming, the country's top coal producing state.
Coal brokers based in New York said prices in the spot market for the fuel did not rise because power plant supplies were about 25 percent above where they were the same week last year.
Coal has been weak all year on strong production from the West and mostly smooth rail deliveries. "The outages can't hurt prices, but I don't think they are going to be the catalyst to turn this market around," said Steve Doyle of Doyle Trading Consultants.
KCS said it had a main line outage on the Pittsburg Subdivision at milepost 88 between Hume and Eve, Missouri. "Main line traffic from Amsterdam to Hume (both in Missouri) remains at a standstill until waters recede enough to repair the track," KCS said on its Web site.
A spokeswoman would not estimate when the line, which carries a variety of commodities, would return.
UP shut portions of lines from Kansas City to Fort Worth, Texas, and to North Little Rock, Arkansas. Barnes said UP hopes to fix the lines by the middle to end of the week.
"That's our goal, weather permitting," he said. In the meantime, the company is detouring shipments around the shut lines. The lines carry commodities including coal and possibly ethanol, he said.
The BNSF said the outages on the other railroads have limited its ability to deliver trains.
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