newcastle 5,500 nAR thermal coal prices stage recovery on improved sentiment

摘要

High Ash Australian thermal coal spot prices have recovered this week after hitting lows last seen during December’s turmoil in the Chinese seaborne market when import controls were severely tightened for year-end arrival cargoes, sources said Tuesday. Several trades for March-loading Panamax cargoes of Newcastle 5,500 kcal/kg NAR thermal coal were said to have traded at $60/mt FOB toward the end of last week and early this week, said sources.