Rail-delivered (CSX) Central Appalachian thermal coal for November closed higher for the fifth consecutive session on Thursday, rising 25 cents/st to $53.75/st.
The CSX spot contract continued to track the price movement in the European-delivered Atlantic spot market, as the CIF ARA spot price was assessed 50 cents/mt higher to $85/mt.
In the US over-the-counter market, CSX physical November traded at $53.75/st for two trains.
The nearby December physical contract was seen trading for the first time, printing at $54/st for one train. The price was assessed 25 cents/st higher to $54/st.
US East Coast thermal coal (6,500 kcal/kg NAR 1% sulfur) was assessed 25 cents/mt higher to $76.50/mt.
US Gulf Coast Eastern-origin (6,000 kcal/kg NAR 3% sulfur) coal was assessed unchanged at $55/mt.
