European Coal for 2014 Delivery Advances after Record Low

Bloomberg reported that European coal for 2014 delivery registered the biggest gain in four days, after hitting a record low.

As quoted in the market report:

Thermal coal for 2014 delivery to Amsterdam, Rotterdam or Antwerp increased 0.7 percent, the biggest gain since Jan. 11, to $100.50 a metric ton as of 3:14 p.m. London time, according to broker data compiled by Bloomberg. Yesterday, the contract dropped to $99.75 a ton, falling below $100 for the first time since the contract started trading in January 2010.

To view the whole Bloomberg report, click here.