Atlantic physical prices drop further amid lack of bullish indicators

摘要

Spot Atlantic physical thermal coal pricescontinued their descent to new lows Wednesday, due topersistent bearish sentiment as the market’s supply glutlooked set to continue amid lackluster demand, sources said.Platts assessed the price of European-delivered CIF ARAthermal coal basis 6,000 kcal/kg NAR and for delivery withinthe next 15-60 days at $69.50/mt, down 30 cents on the dayand at the lowest level since Platts launched the 15-60 dayassessment in March 2013.