Bogdanka Falls to Four-Month Low as Thermal Coal Prices Retreat

Lubelski Wegiel Bogdanka SA (LWB), Poland’s second-largest publicly traded coal producer, tumbled to a four- month low after thermal coal prices fell.

The shares lost as much as 1.9 percent to 114 zloty, the weakest level since Jan. 24, and traded 0.3 percent lower at 115.8 zloty as of 10:56 a.m. in Warsaw. Thermal coal for 2013 delivery declined 1 percent to $98.94 a metric ton, according to data compiled by Bloomberg.

To contact the reporter on this story: Piotr Bujnicki in Warsaw

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.