Prompt Physical Coal Falls on Oversupply

Industrial Metals

Reuters reported that prices of prompt physical coal dropped due to oversupply.

Reuters reported that prices of prompt physical coal dropped due to oversupply.

As quoted in the market news:

Front month March loading South African coal was bid at $104.00 a tonne FOB Richards Bay, keeping a slim premium over April and May cargoes but $1.00 lower than the previous day.

Click here to read the full Reuters report.

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