Bloomberg News

Barclays Sees ‘Lackluster’ European Demand for South Africa Coal

June 16, 2011

June 16 (Bloomberg) -- European demand for South African coal will likely be “lackluster” over the next two months because of ample supplies and imports from the U.S. and Colombia, Barclays Capital said in a report today.

“We expect a greater pull for coal in Europe at the end of the third quarter that intensifies by the beginning of the fourth quarter,” the bank said in the report.

To contact the editor responsible for this story: Stuart Wallace at swallace6@bloomberg.net


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