Coal Inventories Climb in Rotterdam on Restocking by Utilities
This article is for subscribers only.
The Port of Rotterdam’s largest coal-storage company said inventories rose as European utilities restocked the fuel in anticipation of stronger winter demand.
Stockpiles at Europees Massagoed-Overslagbedrijf BV, or Emo, increased to 3.1 million metric tons this week from 3 million tons last week, according to Sjaak Roukema, commercial manager of the company. Inventories climbed along with demand, Roukema said by phone today.