European coal swaps moved slightly higher today as traderscovered short positions, following yesterday’s steep falls.Contracts on the API 2 paper market traded in a tightrange, with prices across the curve either flat or marginallystronger. The greatest increases came on the second andthird quarter 2016 contracts, which both rose 10?/t on theday to close the week at $56.40/t and $56.90/t respectively.
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