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RR1:AU
Rights Issue and Shortfall
South African Export Coal Price Rises on Speculation About Japanese Buying
Apr. 11, 2011 07:19AM PST
Industrial MetalsBloomberg reported that prices for coal exports at the Richards Bay terminal in South Africa rose again.
Bloomberg reported that prices for coal exports at the Richards Bay terminal in South Africa rose again.
The market news is quoted as saying:
Prices climbed 3.3 percent to $124.74 a metric ton on average last week, according to Petersfield, England-based researcher IHS McCloskey. The gain was the biggest since the week ended Feb. 4.
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