2010/11/11

(BN) European Coal for Next Year Climbs to Highest Price

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European Coal for Next Year Climbs to Highest Price Since May 4
2010-11-11 08:39:37.690 GMT


By Nicholas Larkin
Nov. 11 (Bloomberg) -- Benchmark European coal derivatives
rose for a third day, climbing to the highest price since May 4.
Coal for delivery to Amsterdam, Rotterdam or Antwerp with
settlement next year added 1 percent to $105.50 a metric ton at
8:38 a.m. London time.
The data are drawn from information supplied by ICAP Plc,
GFI Group Inc., Spectron Group Ltd., Credit Suisse Group AG, IHS
McCloskey, Bloomberg and Tradition Financial Services.


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To contact the editor responsible for this story:
Nicholas Larkin at +44-20-7673-2069 or
nlarkin1@bloomberg.net