NYSEAM:COE - Post by User
Comment by
thomsonion Apr 04, 2011 3:15pm
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Post# 18383068
RE: Good news for Coal !!
RE: Good news for Coal !!NEW YORK (TheStreet) -- Coal prices have been climbing, according to ANZ Global Markets Commodity Research analyst Natalie Robertson.
Xstrata and Chugoku Electric have settled on an annual coal contract for the Japanese fiscal year starting April 1, at a record level between $129.5 to $129.85 a ton. That's below some market expectations of $140 a ton, but consistent with ANZ's forecasts.