Monday, Dec 12, 2011
Coal export prices at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, rose for the second week.
Prices increased 66 cents, or 0.6 percent, last week to an average $103.18 a metric ton, following a 0.2 percent gain in the week ended Dec. 2, according to data on Bloomberg from researcher IHS McCloskey. The price is quoted on a free-on-board basis, excluding delivery costs.
(sourced Bloomberg)
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