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European Coal for 2014 Delivery Declines for Third Day to Record

By Marek Strzelecki - Jan 7, 2013

European coal for 2014 delivery decreased for a third day to a record low.

Thermal coal for delivery next year to Amsterdam, Rotterdam or Antwerp fell 0.3 percent to $101.15 a metric ton as of 2:55 p.m. in London, according to broker data compiled by Bloomberg. That’s the 2014 contract’s lowest price since it started trading in January 2010.

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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