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.

According to data on Bloomberg from IHS McCloskey, prices rose USD 3.26, or 3.1% to an average USD 107.17 a metric tonne in the week ended January 27. That’s the steepest increase since December 23 and the highest level since November 4.

The price is quoted on a free-on-board basis, which excludes delivery costs.

(Sourced from Bloomberg)