Coal rallied on Friday while oil and carbon traded more or less sideways.
After a slow start to the week, coal prices were back on the bull track on Thursday and Friday. The November contract on the API 2 curve gained 2.25 on Friday to USD 104.25/tonne while Q1-08 jumped 2.75 to USD 102.25/tonne and Year 08 ended the day at USD 98.00/tonne (+2.25).The upwards movements were mainly a reaction to strong freight prices, according to Guillaume Perret of Perret Ass
Montag, 8.10.2007, 08:14 Uhr
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