Jan. 16 (Bloomberg) -- Coal export prices at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, declined the most in four weeks.
Prices fell 76 cents, or 0.7 percent, to an average $105.89 a metric ton in the week ended Jan. 13, according to data on Bloomberg from IHS McCloskey. That’s the steepest decrease since Dec. 16. The price is quoted on a free-on-board basis, which excludes delivery costs.
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