Spot CIF ARA physical price firms amid paper-led rally

摘要

Europe-delivered CIF ARA physical thermal coalprices rose to an over six-week high Monday following asharp rise in paper prices, market 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 $60.10/mt, 75 cents higher from Fridayand its highest since May 7.