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European Coal Advances to $127.25 a Ton as Stockpiles Increase
Aug. 17, 2011 09:07AM PST
Industrial MetalsBloomberg reported that anticipation of winter coal demand pushed European coal prices up.
Bloomberg reported that anticipation of winter coal demand pushed European coal prices up.
The market news is quoted as saying:
Inventories in main ports in Europe have climbed on demand to increase stocks for the winter months, Mark Pervan, an analyst with Australia & New Zealand Banking Group Ltd., said in a report today.
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