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COAL: Rotterdam Coal Futures on ICE Rise in August

COAL

Rotterdam coal futures and options on the ICE exchange rose by 7.8mn tons on the month to 39mn tons, brokers told Montel. 

  • Total coal futures and options cleared on the exchange increased by 10mn tons to 50.2mn tons in August, brokers said.
  • Total volumes year-to-date cleared at the exchange rose by 14% to 341mn tons.
  • The increase was driven by rising prices. The API 2 coal front-year contract price settled at $125.98/t on 30 August, compared with $122.6/t on 1 August.
  • Rotterdam Coal Cal JAN 25 down 1.8% at 118.75 USD/MT

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