European Coal Rises to 13-Year High on Power-Plant Demand
- Sky-high gas prices have pushed utilities to burn more coal
- Supplies from Australia, South Africa and Colombia restricted
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
European coal for next-year delivery rose to the highest level since 2008 on strong demand from power stations and low stockpiles.