CIF ARA, other Atlantic coals move higher on congestion, weather

摘要

European-delivered physical thermal coal prices rose $1/mtFriday on firmly bid January and February cargoes, with sources sayingthat the upward trend was not driven by any fundamentals asEuropean utilities were well-covered for prompt cargoes.“I think the market is done for the year; there doesn’t seem to bethat much demand from the usual people at the moment,” a trader said.