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European Coal for Next Year Rises to Highest Level in a Week

European coal for 2013 rose to the highest level in a week.

Thermal coal for delivery next year to Amsterdam, Rotterdam or Antwerp added as much as 1 percent to $97.75 a metric ton, the highest level since Sept. 28, according to broker data compiled by Bloomberg. The contract has gained 0.6 percent this week, its first weekly advance in a month.

Bloomberg tracks information supplied by ICAP Plc, GFI Group Inc., Spectron Group Ltd., Credit Suisse Group AG, IHS McCloskey, Tradition Financial Services and Tullett Prebon Plc.

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 at lpaulsson@bloomberg.net

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