Flat Oil Price Causes Euro Coal Price to Fall

- December 6th, 2011

Reuters reported that prompt physical coal prices dropped on Middle East tensions.

Reuters reported that prompt physical coal prices dropped on Middle East tensions.

As quoted in the market news:

Calendar API2 and API4 swaps were expected to stabilise at current levels of $115 a tonne for API2 Cal 2012 and $111 for API4 2012 swaps, Societe Generale said in its daily technicals research note.

Click here to read the full Reuters report.

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