FOB Richards Bay thermal coal futures slip on weak physical, falling rand

摘要

Nearby South African FOB Richards Bay thermal coalfutures fell around 30 cents Thursday, with sources citing weakertrades in the physical market and a plunging South Africancurrency.Platts assessed the FOB Richards Bay front-quarter Q1-16contract at $47.45/mt, slipping 30 cents on the day, and the yearaheadCal-16 at $45.75/mt, down 15 cents.