Thu Mar 31, 2011 11:21pm GMT
PERTH, April 1 (Reuters) - Xstrata and Chugoku Electric have settled the Japanese annual coal contract for the Japanese fiscal year starting April 1 at a record level of around $130 per tonne, sources told Reuters Friday.
The settlement price exceeds the 2008 record of $125 per tonne is also considerably higher than the annual contract price of just under $100 set in 2010. (Reporting by Rebekah Kebede,sourced Reuters)
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