Author: Yuvraj Chouhan
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European coal prices pull back as Colombian supply concerns ease
Gas prices cap coal upside ARA rally loses momentum The Atlantic thermal coal market is beginning to correct after a volatile rally driven by Colombian supply concerns. Spot DES/CIF ARA 6,000 NAR had jumped to around $138/t earlier in the week but later corrected to $132.75/t, down $2.75/t. The correction followed the easing of immediate…