South African Coal Export Prices Have Second Weekly Increase

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

Prices gained 22 cents, or 0.2 percent, to $103.42 a metric ton in the week ended March 30, according to IHS McCloskey data on Bloomberg. The price is quoted on a free-on-board basis, which excludes delivery costs.