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    coal-investing

    Euro Coal Down on Lower Chinese Demand

    Investing News Network
    Jan. 23, 2012 04:53PM PST
    Industrial Metals Investing

    Reuters reported that Euro coal prices fell slightly as demand waned during China’s Lunar New Year holiday.

    Reuters reported that Euro coal prices fell slightly as demand waned during China’s Lunar New Year holiday.

    As quoted in the market news:

    Minimal European demand and a hiatus in Chinese buying should be strong enough factors to pull DES ARA European prices below the support level of $100 a tonne during the next two weeks, from $105 currently.

    Click here to read the full Reuters report.

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