Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

European Coal Advances to $127.25 a Ton as Stockpiles Increase

Don't Miss Out —
Follow us on:

Aug. 17 (Bloomberg) -- Benchmark European coal prices advanced as utilities increased stockpiles in anticipation of winter demand.

Coal for delivery to Amsterdam, Rotterdam or Antwerp with settlement next year rose 50 cents, or 0.4 percent, to $127.25 a metric ton by 8:58 a.m. in London.

Inventories in main ports in Europe have climbed on demand to increase stocks for the winter months, Mark Pervan, an analyst with Australia & New Zealand Banking Group Ltd., said in a report today.

“Coal inventories at OBA terminal in Amsterdam and the EMO terminal in Rotterdam have increased by 16 percent and 7 percent respectively,” he said.

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

To contact the reporter on this story: Ying Diao in London at

To contact the editor responsible for this story: Claudia Carpenter at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.