New World Resources Snaps Three-Day Advance as Coal Price Drops

New World Resources Plc (NWR), the biggest Czech supplier of coal to steelmakers, fell for the first time in four days as the price of the commodity declined.

NWR dropped 2.1 percent to 153.76 koruna by 12:06 p.m. in Prague, snapping a 4.6 percent advance in the previous three sessions. Europe’s benchmark coal futures contracts slid 1 percent to $115 a metric ton in the Netherlands.

To contact the reporter on this story: Krystof Chamonikolas in Prague at

To contact the editor responsible for this story: Gavin Serkin at

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.