Bloomberg News

European Benchmark Coal Declines to Lowest Price in a Week

October 13, 2011

Oct. 13 (Bloomberg) -- Benchmark European coal declined to its lowest price in more than a week.

Thermal coal for 2012 delivery to Amsterdam, Rotterdam or Antwerp decreased as much as 1.9 percent to $118.50 a metric ton, its lowest level since Oct. 5, and was at $118.85 at 11:30 a.m. in London, according to data compiled by Bloomberg.

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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