Author: Damini Sahu
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Europe: Thermal coal prices remain lower y-o-y as demand slows, supplies stay high
Weak demand from mild winter, competitive gas Inventories remain high on ample global supply The European thermal coal market has turned noticeably weaker in recent times. Benchmark coal prices at the Amsterdam-Rotterdam-Antwerp (ARA) hub now trade between $105-110/tonne (t). That is a clear drop from early 2024, when prices were closer to $130/t. A year…