Despite a drop in coal prices, market players expect the upward movement to continue on the back of tight supplies.
After nearly two weeks of an upward trend on the coal market, some downward movement could be noted Tuesday. The API#2 front quarter contract shed USD 2.55/t in the course of the day to USD 79.95/t, the lowest trade in the past six days, while Q4 also fell sharply."On Tuesday morning, the Q4 contract sold down USD 2.50 from Monday's close, hitting a low of USD 80.70," one British broker
Mittwoch, 27.06.2007, 08:18 Uhr
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