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European Coal for Next Year Rises to Highest Level in a Week

European coal for 2013 rose to the highest level in a week.

Thermal coal for delivery next year to Amsterdam, Rotterdam or Antwerp added as much as 1 percent to $97.75 a metric ton, the highest level since Sept. 28, according to broker data compiled by Bloomberg. The contract has gained 0.6 percent this week, its first weekly advance in a month.

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

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