Back-end CIF ARA thermal futures under pressure, Cal-17 touches $40/mt

摘要

Back-end European thermal coal derivatives came underrenewed downward pressure Thursday to settle around 40 cents lower, asnews of plunging Brent crude oil values cast a shadow over the market.CIF ARA year-ahead Cal-17 traded at an intraday low of $40/mt flat— down 95 cents on Wednesday’s close — before regaining someground to close at $40.55/mt, down 40 cents on day.