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    coal investing

    Euro Coal Prices Drop on Lower Oil and Mild Temperatures

    Investing News Network
    Jan. 09, 2012 09:45AM PST
    Industrial Metals

    Reuters Africa reported that prompt physical coal prices fell on utility selloffs and lower oil prices.

    Reuters Africa reported that prompt physical coal prices fell on utility selloffs and lower oil prices.

    As quoted in the market news:

    Prices may not slip much further, but unless there is a significant supply disruption such as floods in Australia, fundamentals look weaker than they did a year ago, traders, utilities and analysts said.

    Click here to read the full Reuters Africa report.

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