Coal Buying Picks Up, Price Rise

Reuters reported that coal prices were up on renewed buyer interest.

As quoted in the market news:

A January loading South African cargo was bid at $109.00 and offered at $112.50, up $1.00 on the bid. A February cargo was bid at $106.50 and offered at $107.25 for a panamax vessel, up nearly $2.00 on the bid.

Click here to read the full Reuters report.