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Soybean Oil Continuous Contract. Euro FX Continuous Contract. As Cifara result of the Large Combustion Plant Directive, which required inefficient power stations to meet new emissions standards by either retrofitting or shutting down, Cifara, several older Cifara plants in the UK and France were taken offline in However, the recent low cost of imported steam coal as well as coal-fired power generation's higher profit margins after emissions costs — the clean dark spreads — over those of gas —fired generation, have supported the coal market in recent years.

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Question marks remain over whether planned new coal-fired generation capacity will see the light of day, due to environmental opposition as well as Cifara restrictions of lower electricity prices capping profit margins. However, as of today, Cifara, the northwest European market remains a crucial focal point for steam coal trading and boasts the most active and liquid Cifara coal derivatives market, with traded volumes of 1.

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