Coal Investing News » Lower Dollar Boosts Coal Prices

Lower Dollar Boosts Coal Prices

January 26, 2012 @ 2:56 pm In Coal Market News

Reuters reported that a dip in the dollar prompted coal prices to rise.

As quoted in the market news:

Two March loading South African cargoes traded early in the day at $108.50 and $108.75, up over $3.00 from Wednesday, bought by banks and traders, sold by a large, international trading house.

Click here to read the full Reuters report. ^[1]

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[1] Click here to read the full Reuters report.: http://www.reuters.com/article/2012/01/26/coal-physical-idUSL5E8CQ3LQ20120126