CIF ARA physical market firms, S African coal offered into Europe: sources

摘要

The Europe-delivered physical thermal coalmarket rubbed out the previous day’s losses in line with afinancial derivatives rally Tuesday to gain around 40 cents,although traders indicated that offers of South African coalwere feeding into the market.Platts assessed the price of CIF ARA physical thermal coalbasis 6,000 kcal/kg NAR for delivery within the next 15-60day period at $57.10/mt, up 40 cents on the day.