European Coal Climbs to $114, Heads for Highest Close This Year

Benchmark European coal derivatives advanced, heading for this year’s highest close.

Coal for delivery to Amsterdam, Rotterdam or Antwerp with settlement next year rose $2.25, or 2 percent, to $114 a metric ton at 10:20 a.m. in London.

The data are drawn from information supplied by ICAP Plc, GFI Group Inc., Spectron Group Ltd., Credit Suisse Group AG, IHS McCloskey, Bloomberg and Tradition Financial Services.

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