South African Coal Prices Have Second Weekly Advance This Month

Coal export prices at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, rose for a second week.

Prices (CLSPSARB) added $1.27, or 1.2 percent, to $106.11 a metric ton in the week ended Feb. 24, according to IHS McCloskey data on Bloomberg. That’s the highest level since Jan. 27.

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.