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Coal Prices Weakened While The Crude Oil Prices Strengthened

 Jakarta (Benchmark News) – Coal price closed trading Monday on weakening (10/10/2016). Coal prices to 2068, November contract most active contract on the Exchange, closed Rotterdam weakened 1.51% or 1.15 points to US $ 74.90/metric ton. Meanwhile on Friday trading last week (7/10), the price of coal contracts closed November weakened 0.72% or 0.55 points to US $ 76,05/metric ton. The weakening of the black gold at the close of trading yesterday it is inversely proportional to the price of crude oil closed higher. West Texas Intermediate oil for November delivery closed strengthened 3.1% or US $ 1.54 to US $ 51,35 a barrel on the New York Mercantile Exchange. This was the highest closing since July 15, 2015. Meanwhile, global benchmark Brent for December delivery strengthened 2.3% or US $ 1.21 to US $ 53,14 a barrel on the ICE Futures Europe exchange, based in London…(Red)

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