CIF ARA spot drops under $57/mt amid well-offered market

摘要

Europe-delivered CIF ARA physical thermal coalspot prices dropped to a fresh almost four-month low Fridayfollowing an increase in spot offers and persistent weakdemand, sources said.Platts assessed the price of CIF ARA physical thermal coalbasis 6,000 kcal/kg NAR and for delivery within the next15-60 day period at $56.80/mt, down 20 cents on-day and$1.45 lower on the week to the lowest close since January 27.