LAHORE (PPI) The coal prices have fallen for the first time since Nov 2010. Coal has slipped to FOB $122/ton from its peak of $138/ton, a decline of 12 percent. Stock build-up ahead of an anticipated harsh winter and concerns over production disruptions in Australia amid floods had led to an abnormal jump in the commoditys price. However, with the winter season coming to an end and flood water beginning to recede in parts of Australia, coal prices have taken a breather. Chinas decision to meet energy conservation goal has also weakened demand for the commodity. Experts said that so far in FY11 coal prices have averaged FOB US$102/ton, at par with our full year assumption. With Lucky Cement and DG Khan Cement maintaining 4-5 months of inventories, they are likely to experience the impact of the earlier rise with a lag. On the other hand, cement prices continue to strengthen in the Northern region and have increased to Rs325-330/bag. It is expected prices to touch Rs340-345 by March 2011 once demand picks up post the winter season.