Bloomberg.com reports that German Power and European Coal for 2013 are holding steady around two-year lows, with German Power rising by 0.1 percent and coal for delivery in Amsterdam- Rotterdam-Antwerp for 2013 dipping 0.2 percent.
The market report is quoted as saying:
The 2013 power contract, a European benchmark, rose 5 cents to 47.05 euros ($61.15) a megawatt-hour, broker data show. The contract fell to 46.90 euros yesterday, the lowest price for a year-ahead contract since November 2010. The equivalent coal contract lost 15 cents to $93.20, the least since May 2010.