Category: Non Coking
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Europe and Atlantic: Thermal coal prices firm as gas risks strengthen winter demand outlook
Low gas inventories and LNG uncertainty support coal prices. Colombian cargoes dominate visible coal shipments towards Europe. European and Atlantic thermal coal markets entered October on a firmer footing as expensive gas, winter supply concerns and geopolitical uncertainty supported prices. However, the latest assessments show that coal’s upward movement is not simply following oil or…