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Tuesday, January 17, 2012

South African coal export prices decline most in four Weeks

Tuesday, 17 Jan 2012

Bloomberg reported that coal export prices at South Africa Richards Bay the continent biggest terminal for shipping the fuel declined the most in four weeks.

According to data on Bloomberg from IHS McCloskey prices fell 76 cents or 0.7% to an average USD 105.89 per tonne in the week ended January 13. That’s the steepest decrease since December 16. The price is quoted on a free-on-board basis, which excludes delivery costs.

(Sourced from Bloomberg)

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