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Wednesday, December 7, 2011

Richard Bay coal export prices rise for first week in seven

Wednesday, 07 Dec 2011

Bloomberg reported that coal export prices at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, rose for the first week in seven.

Bloomberg from researcher IHS McCloskey, prices increased 22 cents, or 0.2% last week to an average USD 102.52 a metric tonne, following a 3.4% decline in the week ended November 25.

The price quoted is on a free on board basis, excluding delivery costs.

(Sourced from

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