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    coal investing

    Richards Bay Export Prices Hit Five-Month Low

    Written by Investing News Network
    |
    Dec. 17, 2012 08:07AM PST

    Bloomberg reported that coal export prices from the largest coal shipping terminal in South Africa, Richards Bay, hit a five-month low.

    Bloomberg reported that coal export prices from the larges  Richards Bay hit a five-month low.

    As quoted in the market report:

    Coal for immediate delivery dropped $3.11, or 3.5 percent, to $86.62 a metric ton in the week to Dec. 14, the biggest drop since July 13, according to IHS McCloskey data on Bloomberg.

    To view the whole Bloomberg report, click here.

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