EU Coal En­ters Bull Mkt af­ter 2008 Rally

The Economic Times - - Commodities Plus -

The worst may be over for Euro­pean coal. The con­tract for de­liv­ery to north­west Europe next year gained for an eighth day on Tues­day, the long­est such streak since June 2008. While the fuel has climbed 25% since Fe­bru­ary 17, the low­est since Sep 2007, it’s still 79 be­low a 2008 high.

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