Category: Non Coking
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European main port coal inventories at 41% below seasonal average
ARA stocks decline by 30% y-o-y Low inventories provide price floor Coal inventories at Europe’s Amsterdam, Rotterdam, and Antwerp (ARA) terminals fell to 2.7 million tonnes (mnt) as of 27 April, according to latest data. While this represented a 2.2% increase w-o-w, stocks were down 29.8% y-o-y. Stocks at HES terminals — a key indicator…