European Coal for 2014 Increases to Highest Level in Two Weeks

European coal for 2014 delivery rose to the highest level in almost two weeks.

Thermal coal for 2014 delivery to Amsterdam, Rotterdam or Antwerp gained as much as 0.7 percent to $100.65 a metric ton, the highest since Jan. 15, according to broker data compiled by Bloomberg. The contract traded at $100.45 as of 10:15 a.m. in London.

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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