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Coal Prices Persist When The Price Of Oil Plummeting Flat.

Jakarta (Benchamrk News) – The price of coal rose on trading closed last week, Friday (28/10/1999),

The price of coal to contract January 2017, the most active contract on the Exchange, Rotterdam, closed strengthened 0.05 points or 0.07% to US $ 69,95 per metric ton.

Earlier, the price of February contract closed coal weakening 1.27% 0.90 or points to a level of US $ 69.90 per metric ton and break the rally reinforcement for four consecutive days.

Strengthening coal price is inversely proportional to the price of crude oil weakened in trading that closed last week.

West Texas Intermediate crude oil for December contracts closed 2.05% or weakened 1.02 points to a $ 48,70 a barrel, while Brent oil for December contracts closed also weakened 1.51% to US $ 49,35 a barrel…(Red)

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