CIF ARA thermal coal swaps edge up on equity relief rally, crude oil

摘要

European-delivered CIF ARA thermal coal swapsticked up Thursday, as market sources cited a relief rally in theChinese stock market, as well as strengthening crude oil prices,although these were offset by a weak euro later in the day.Platts assessed the CIF ARA front-quarter Q4-15 contractat $58.45/mt, gaining 10 cents on the day, and the year ahead Cal-16 at $58.45/mt, climbing 20 cents.