South African Coal Export Prices Dip to Three-Year Low

Bloomberg reported that South African coal export prices have reached a three-year low.

As quoted in the market report:

Coal for immediate delivery declined $1.89, or 2.3 percent, to $80.46 a metric ton in the week to Oct. 26, according to IHS McCloskey data on Bloomberg. That’s the lowest since Dec. 25, 2009.

To view the whole Bloomberg report, click here.