March 5 (Bloomberg) -- Coal export prices at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, declined to the lowest level in six weeks.
Prices fell $1.76, or 1.7 percent, to $104.35 a metric ton in the week ended March 2, the least since Jan. 20, according to IHS McCloskey data on Bloomberg.
The price is quoted on a free-on-board basis, which excludes delivery costs.
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