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At the end of trading on Thursday morning , Rotterdam's coal price rises pushed higher crude oil prices. At the end of the trading, price of coal Rotterdam futures contract in August 2016 rose to around 62.60 dollars per ton. Commodity prices gained 0.40 dollars or equivalent to 0.64 percent compared to the previous closing. The estimate predicted that the price movement of coal futures Rotterdam at the next trade potentially strengthened by the potential weakening of the US dollar after minutes of the Fed signals a dovish US rate hike and also bad unemployment claims prediction from economist. The price of coal futures could potentially test the resistance level at 63.10 dollars and support at the 62.10 level.
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