US coal finding its way into Europe, Mediterranean markets

US coal finding its way into Europe, Mediterranean markets
Shrinking Indian demand is forcing US coal into Europe and the Mediterranean as South African and Colombian coal seeks a home in more lucrative Asian markets, trade sources said. With delivered CIF ARA 6,000 kcal/kg prices into northern Europe surpassing $80/mt this week, US high sulfur coal from the Illinois Basin is still pricing into ... read more
Source: Dry Bulk MarketPublished on 2018-04-16
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