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European Coal for 2014 Declines After Climbing to Two-Week High

Jan. 29 (Bloomberg) -- European coal for 2014 delivery fell after reaching its highest level in more in two weeks.

Thermal coal for 2014 delivery to Amsterdam, Rotterdam or Antwerp dropped 0.5 percent to $100.25 a metric ton at 1:55 p.m. London time, according to broker data compiled by Bloomberg. The contract earlier touched $101.30, its highest level since Jan. 11.

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.

To contact the reporter on this story: Marek Strzelecki in Warsaw at mstrzelecki1@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

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