Coal export prices rose at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, the longest streak of increases since April.
Prices added $2.81, or 3.2 percent, to $90.49 a metric ton in the week ended July 6, according to IHS McCloskey data on Bloomberg. That’s a third straight weekly gain. The price is quoted on a free-on-board basis, which excludes delivery costs.
To contact the reporter on this story: Marek Strzelecki in Warsaw at firstname.lastname@example.org
To contact the editor responsible for this story: Lars Paulsson in London at email@example.com