Prices of high-CV ARA 6000 kcal/kg NAR grade coal delivered to Europe have risen to $392/t against $380/t last week. The rise came as coal demand boosted after Russian gas supplier Gazprom announced drastic cut of deliveries to Europe from 27 July. The delivered coal prices to Europe have risen over 150% this year compared with a 75% rise in gas prices.
Leave a Reply