European Coal for Next Year Has Biggest Decline in Three Weeks
European coal for 2013 delivery declined the most in three weeks.
Thermal coal for delivery next year to Amsterdam, Rotterdam or Antwerp fell 1.1 percent to $95.55 a metric ton as of 4:05 p.m. in London, according to broker data compiled by Bloomberg. That’s the contract’s biggest drop since Nov. 28 and its first decline in six days.
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.
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