Newcastle coal futures slide on April rollover, weaker fundamentals

Source: Mysteel Apr 18, 2025 18:58

Newcastle thermal coal futures on the Intercontinental Exchange for May delivery fell notably on Thursday, ICE data show, as traders rolled out of the expiring April contract, while fundamentals presented a bearish outlook.

The April contract – set to expire on April 25 – ticked up by 0.85% to close at $95.05/t on Thursday. With only a few more trading sessions left, there were just two lots traded on Thursday, probably as many traders have completed the rollover process. By contrast, the

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