Bloomberg News

European Coal Price Advances, Heads for Highest Close This Month

October 10, 2011

Oct. 10 (Bloomberg) -- Benchmark European coal climbed, heading for the highest close this month.

Thermal coal for delivery to Amsterdam, Rotterdam or Antwerp with settlement next year increased 0.6 percent to $120.50 a metric ton as of 09:20 a.m. in London. That would be the highest closing price since Sept. 30.

Bloomberg tracks data from information supplied by ICAP Plc, GFI Group Inc., Spectron Group Ltd., Credit Suisse Group AG, IHS McCloskey, Tradition Financial Services and Tullett Prebon Plc.

--Editors: Rob Verdonck, Raj Rajendran

To contact the reporter on this story: Marek Strzelecki in Warsaw mstrzelecki1@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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