Euro Coal Prices Drop to Two-Year Low
Reuters reported that prices for European prompt physical coal fell to $90.50 per tonne.
Reuters reported that prices for European prompt physical coal fell to $90.50 per tonne.
Reuters reported that European prompt physical coal prices continue to experience downward pressure.
Financial Post reported that cheaper sources of energy may be preferred as the cost of producing coal increases.
Bloomberg reported that coking coal prices are expected to rise as countries like China continue to produce more steel.
Reuters reported that Teck Resources (NYSE:TCK) increased its quarterly earnings with strong coal volume and pricing.
Reuters reported that Indonesia may begin charging an export tax on thermal coal to create a revenue boost.
Platts reported that Newcastle coal prices are being pressured by lower demand.
Platts reported that lower supply of US coal is pushing up prices for Indonesia thermal coal.
The Street reported that shares of coal companies fell on speculation that demand would sink.
Reuters reported that European physical coal prices fell along with other commodities.
Get our independent commentary on coal trends and companies delivered to your inbox.