Author: Shivani Patil
-

Gas rally pushes thermal coal prices higher: Europe’s fuel switch lifts Atlantic market
European gas storage levels fall to around 29% from 36-37% last year Coal-fired power generation may overtake gas if conflict continues The Atlantic thermal coal market rallied sharply in early March as European utilities began reacting to rapidly rising gas prices. Northwest European coal prices for 5,850 kcal NAR material delivered into Amsterdam-Rotterdam-Antwerp (ARA) widened…