south africa coal price rises

http://www.bloomberg.com/news/2012-07-09/south-african-coal-rises-in-longest-streak-of-gains-since-april.html

South African Coal Rises In Longest Streak Of Gains Since April
By Marek Strzelecki - Jul 9, 2012 7:09 PM ET


Coal export prices rose at South Africa’s Richards Bay, the continent’s biggest terminal for shipping the fuel, the longest streak of increases since April.
Prices added $2.81, or 3.2 percent, to $90.49 a metric ton in the week ended July 6, according to IHS McCloskey data on Bloomberg. That’s a third straight weekly gain. The price is quoted on a free-on-board basis, which excludes delivery costs.
To contact the reporter on this story: Marek Strzelecki in Warsaw at [email protected]