Coal swaps tumble as fresh lockdowns announced

摘要

European coal swaps declined sharply today following the announcement of new lockdown measures across the continent and a milder weather outlook. Prompt API 2 coal swaps recorded the largest declines, with the February 2021 contract falling by $5.45/t to close at $64.10/t. Longer-term futures also decreased, with the yearahead contract declining by $3.35/t to close at $69/t