European Coal for 2013 Has Longest Streak of Gains in Six Weeks

European coal for 2013 delivery advanced for fourth day, in the longest streak of advances in six weeks.

Thermal coal for delivery next year to Amsterdam, Rotterdam or Antwerp gained 0.7 percent to $96.50 a metric ton at 3:42 p.m. in London in the longest streak of increases since Nov. 6, according to broker data compiled by Bloomberg.

Bloomberg tracks information from ICAP Plc, GFI Group Inc., Marex 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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