Coal export prices at South Africa's Richards Bay,
the continent's biggest terminal for shipping the fuel, advanced to the highest
level in nearly three months.
Prices rose by $3.26, or 3.1 percent, to an average $107.17
a metric ton in the week ended Jan. 27, according to data on Bloomberg from IHS
McCloskey. That's the steepest increase since Dec. 23 and the highest level
since Nov. 4.
The price is quoted on a free-on-board basis, which excludes
delivery costs.
Source: Bloomberg
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