European CiF aRa thermal coal market steady, March trades $105/mt

摘要

The European-delivered CIF ARA thermal coal physical market remained stable Monday, with a March-delivery cargo trade at $105/mt first thing Monday morning. The deal for 50,000 mt of generic-origin material for delivery into Rotterdam went through via the globalCOAL screen, 50 cents higher than Platts' Friday 90-day assessed price, although on par with the March prompt-month assessment. The trade had exchange of futures for physical (EFP) terms attached and was said to have taken place between two northwest European utilities.