Weekly coal price review: prices continue upward trend

European coal-delivered prices have seen a rise amid increases in natural gas prices. Natural gas prices for the front-month contract on Dutch TTF closed at 32 Euros (35% WoW rise). There are speculations that natural gas has gone upward direction due to some paper trade activity in the future contract. South African prices have also come up since the API4 contract has a positive co- relationship with the API2 contract. South African prices have also come up since the API4 contract has a positive co- relationship with the API2 contract. Indian coal procurement is still high for South African coal […]