Coal prices move horizontally
According to Bloomberg , the price of coal for delivery contract on the ICE Futures November 2013, Friday (1/11) rose 0.29% to U.S. $ 84.49 per ton compared to the previous day. Within a week, the price of coal fell 0.99%.
Analyst Pefindo, Guntur Tri Hariyanto see, some positive factors fudamental had raised the price of coal. Among others, the projected number of associations that the world's energy in the coming years, world energy demand will remain high.
Guntur estimates, coal prices will bounce back in the future. "Moreover, China's expected economic recovery will also improve the demanders of coal from China. Strengthening coal prices will also be supported by a decrease in the level of Australia's coal production is carried out as one of the largest coal producers in the world," said Guntur, as reported , Sunday (3 / 11).
Prediction of June, the price of coal is in the range of U.S. $ 87.85 to U.S. $ 84.15 per tonne this week. While Guntur predict, this week, the price of coal will rise to around U.S. $ 86 to U.S. $ 87.5 per ton.

