South African Coal Export Prices Decrease Most in Two Months
By Marek Strzelecki -
2012-09-17T09:09:10Z
Coal export prices at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, fell the most in two months.
Coal for immediate delivery decreased $2.93, or 3.3 percent, to $85.17 a metric ton in the week ended Sept. 14, according to IHS McCloskey data on Bloomberg. That’s the steepest decline since the week ended July 13. 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 at mstrzelecki1@bloomberg.net
To contact the editor responsible for this story: Lars Paulsson in London at lpaulsson@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.