The Conversation (0)
Reuters reported that European prompt physical coal hit a two-year low due to oversupply in the market.
Reuters reported that European prompt physical coal hit a two-year low due to oversupply in the market.
As quoted in the market news:
On Tuesday, prompt European delivered coal prices fell to their lowest since May 2010 with a trade at $86.25 a tonne delivered in the Amsterdam-Rotterdam-Antwerp (ARA) area on the globalCOAL trading platform, traders said.