Slow Trading Causes Drop in Euro Coal Price

Industrial Metals

Reuters reported that prompt physical coal prices were down on slow trading.

Reuters reported that prompt physical coal prices were down on slow trading.

As quoted in the market news:

India’s coal imports, key to global benchmark prices, are likely to see slower growth in 2012 because of a record weak rupee, which is squeezing users such as utilities and cement makers, importers and suppliers said.

Click here to read the full Reuters report.

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