Atlantic Physical Coal Slips on Bearish Demand, Macroeconomics

Industrial Metals

Platts reported that weak demand caused Atlantic thermal coal prices to fall.

Platts reported that weak demand caused Atlantic thermal coal prices to fall.

The market news is quoted as saying:

In the CIF ARA market, a September DES AR trade went through via the globalCOAL screen at $120.50/mt for 50,000 mt of generic-origin material. The trade had exchange of futures for physical (EFP) terms attached and was said to have been concluded between a northwest European utility and a trader.

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