Euro Coal-Prices rise $4-5/T, buyers pull offers
Investing News Network - January 7th, 2011
Reuters.com reports that physical coal prices jumped on Friday.
Reuters.com reports that physical coal prices jumped on Friday.
The story is quoted as saying:
Floods in Australia’s Queensland state, which exports around 40 percent of the world’s coking coal and ships 60 million tonnes a year of mostly low-quality thermal coal, have been the most obvious price-boosting factor.