September 08, 2023 (MLN): The Richards Bay coal market has been heating up, both figuratively and literally, diving into September 2023.

Richards bay coal contract for the month of September 2023 (LVU23) is currently trading at $104.25, up by $1.15 or 1.02% during the week.

The contract's trading range over the past 52 weeks spans from a low of $94.5 to a high of $287.95.

Richards Bay Coal Historical Performance

Meanwhile, year-to-date, Richard bay coal is down 38.61%, and by a massive 75.17% from the peak which was in March 2022.

Richard bay coal Monthly is a futures contract that is based on the price of coal loaded at the Richards Bay Coal Terminal in South Africa.

It is traded on the ICE/EU exchange and has a contract size of 1,000 metric tonnes.

Copyright Mettis Link News 

Posted on: 2023-09-08T16:22:48+05:00