European 2014 Coal Rises as Euro-Area Confidence Index Improves

European coal for next year rose for the third day as euro-area consumer confidence increased to the highest in seven months in February.

Thermal coal for delivery in 2014 to Amsterdam, Rotterdam or Antwerp gained 20 cents, or 0.2 percent, to $99.30 a metric ton at 3:40 p.m. London time, according to broker data compiled by Bloomberg.

An index of household confidence in the currency bloc rose to minus 23.6 from minus 23.9 in January, the European Commission in Brussels said in an initial estimate today.

Bloomberg tracks broker data 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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