Bloomberg News

European Next-Year Coal Declines for Third Day to One Week-Low

October 24, 2012

European coal for next year fell for a third day to the lowest price in more than a week.

Thermal coal for 2013 delivery to Amsterdam, Rotterdam or Antwerp lost as much as 0.5 percent to $94.10 a metric ton as of 12:35 p.m. in London, the least since Oct. 16, according to broker data compiled by Bloomberg.

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

To contact the reporter on this story: Rachel Morison in London at rmorison@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net


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