CIF ARA swaps track gas to remain unchanged despite early gains

摘要

Forward-dated European-delivered CIF ARAthermal coal swaps Tuesday erased earlier gains to end thesession largely flat, with market participants noting that prices were tracking the movements of UK natural gas prices.Platts assessed the API2 front-quarter Q3-14 contract at$73.60/mt, gaining 5 cents on-day and the year-ahead Cal-15at $79.50/mt, unchanged.