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European Coal Prices Decline 0.5%, Ending a Four-Day Advance
Aug. 16, 2011 09:18AM PST
Industrial Metals InvestingBloomberg reported that Euro coal prices are down slightly following four days of gains.
Bloomberg reported that Euro coal prices are down slightly following four days of gains.
The market news is quoted as saying:
European utilities began to stockpile thermal coal last week for winter, helping to make the Atlantic coal market more balanced, Judy Zhu, an analyst at Standard Chartered Plc, wrote in an e-mailed report today.