South African Coal Export Prices Decline Most in Four Weeks

Coal export prices at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, declined the most in four weeks.

Prices (CLSPSARB) fell 76 cents, or 0.7 percent, to an average $105.89 a metric ton in the week ended Jan. 13, according to data on Bloomberg from IHS McCloskey. That’s the steepest decrease since Dec. 16. The price is quoted on a free-on-board basis, which excludes delivery costs.

To contact the reporter on this story: Marek Strzelecki in Warsaw mstrzelecki1@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.