CIF ARA spot prices regain 75 cents as selloff comes to a halt

摘要

London — The European-delivered CIF ARA physical thermal coal market gained 75 cents Friday after nine consecutive days of falls, with sources citing profit taking in the swaps market as the main driver behind the recovery in a tepid session. Platts assessed the price of CIF ARA thermal coal basis 6,000 kcal/kg NAR and for delivery within the next 15-60 days at $80.75/mt, up 75 cents on-day.