Coal swaps contracts declined today following falls in crudefutures prices and emerging market currencies.European paper prices retreated across the curve, withthe API 2 prompt-month contract falling by 45?/t on theday to settle at $45.70/t. The year-ahead swap opened at$46.60/t, before declining to an intra-day low of $46.15/tand closing at $46.20/t.
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