Bloomberg News

European 2014 Coal Pares Gain After Rising to Three-Week High

January 30, 2013

European coal for 2014 was little changed after rising to the highest level in almost three weeks.

Thermal coal for delivery to Amsterdam, Rotterdam or Antwerp gained as much as 0.7 percent to $101.10 a metric ton, its highest level since Jan. 11, according to broker data compiled by Bloomberg. The contract traded at $100.40 at 3:45 p.m. London time

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

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

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


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