South African Coal Export Prices Decline for Sixth Straight Week

Bloomberg reported that Richards Bay coal prices have dropped for a sixth consecutive week.

As quoted in the market news:

Prices decreased $3.58, or 3.4 percent, last week to an average $102.30 a metric ton, following a 0.4 percent decline in the week ended Nov. 18, according to data on Bloomberg from researcher IHS McCloskey.

Click here to read the full Bloomberg report.