European Coal Prices for Next Year Fall to Lowest in Two Weeks

European coal for 2013 delivery dropped to its lowest level in more than two weeks.

Thermal coal for delivery next year to Amsterdam, Rotterdam or Antwerp declined for a fifth day, falling 0.4 percent to $95.25 a metric ton, the lowest level since Nov. 22, according to data compiled by Bloomberg.

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

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