Tag: Atlantic coal market
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Atlantic thermal coal pauses after rally as fundamentals take centre stage
DES ARA spot at $110.50/t, up $2 – July bid at $113/t supports, but June lags ARA inventories down 30% y-o-y – HES terminals at 2.5mt, 41% below April average Russian hydro generation up 6.6% y-o-y in Q1 – thermal generation stable Atlantic thermal coal prices took a breather on 30 April after a sharp…