European Coal Falls 0.2%, Retreats From Highest Close This Year

Benchmark European coal derivatives retreated after closing yesterday at their highest for 2010.

Coal for delivery to Amsterdam, Rotterdam or Antwerp with settlement next year fell 25 cents, or 0.2 percent, to $111.75 a metric ton at 9:58 a.m. in London. The contract ended trade at $112 yesterday.

The data are drawn from information supplied by ICAP Plc, GFI Group Inc., Spectron Group Ltd., Credit Suisse Group AG, IHS McCloskey, Bloomberg and Tradition Financial Services.

To contact the reporter on this story: Alistair Holloway in London at aholloway1@bloomberg.net.

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net.

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