Euro Coal Opens 2012 on Subdued Trade

Industrial Metals

Reuters Africa reported the European physical prompt coal prices dropped on slow trading.

Reuters Africa reported the European physical prompt coal prices dropped on slow trading.

As quoted in the market news:

The price fall did little to encourage trade because there is sufficient spot coal in the Pacific and Atlantic and end-users in China, India and Europe are waiting to see if the price fall predicted last month will materialise before buying.

Click here to read the full Reuters Africa report.

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