European Coal for 2013 Has Longest Run of Declines Since October
European coal for 2013 delivery dropped for the sixth day, the longest run of declines in more than a month.
Thermal coal for delivery next year to Amsterdam, Rotterdam or Antwerp declined 0.4 percent to $95.10 a metric ton, according to broker data compiled by Bloomberg. The sixth straight drop marks the longest run since the period to Oct. 29.
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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