Thursday, 12 May 2011
According to Energy Publishing Inc, metallurgical coal prices were mixed this week on the US spot market amid slack demand. Spot prices for low volatility coking coal rose USD 1 or 0.3%, to USD 316.50 a ton in the week ended May 6th 2011.
The Tennessee based data provider reported that high volatility coal fell USD 12 or 4.1%, to USD 280. Energy Publishing said that “There is little activity, indicating that global buyers have what they need for now.”
The data provider said that it surveys buyers and sellers of coal to determine pricing.
(sourced from Bloomberg)
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