{"id":10147,"date":"2012-04-21T04:21:55","date_gmt":"2012-04-21T02:21:55","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/euro-coal-prices-steady-carbopego-tenders\/"},"modified":"2012-04-21T04:21:55","modified_gmt":"2012-04-21T02:21:55","slug":"euro-coal-prices-steady-carbopego-tenders","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-steady-carbopego-tenders\/","title":{"rendered":"Euro Coal-Prices steady, Carbopego tenders"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* June S.African bid at $100.00\/T<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Carbopego seeks June, August cargoes<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, April 20<\/span> (Reuters) &#8211; European physical coal prices<br \/>\nsteadied on Friday after a day of quiet trading with no fresh<br \/>\ndeals reported.<\/p>\n<p><span><\/span><\/p>\n<p>There are a few hot spots of European demand &#8211; Spain and<br \/>\nPortugal, the UK and Germany &#8211; but too many sellers.<\/p>\n<p><span><\/span><\/p>\n<p>Portugal&#8217;s Carbopego is expected to award a tender for June<br \/>\nand August cargoes next week and to buy Colombian coal.<\/p>\n<p><span><\/span><\/p>\n<p>Prompt South African prices were hovering around $100.00 a<br \/>\ntonne FOB Richards Bay, a level low enough to draw out some more<br \/>\nIndian enquiries.<\/p>\n<p><span><\/span><\/p>\n<p>DES ARA delivered Europe prices are expected to remain<br \/>\nrange-bound and any potential price rises due to supply problems<br \/>\nor stronger demand will be capped by extra supply from the U.S.<br \/>\nand other exporters, utilities and traders said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Prices are still stuck in the range of $95-$105 a tonne in<br \/>\nARA and unless there is some major shift change, some shock, I<br \/>\ncan&#8217;t see them moving out of the range,&#8221; said a source at one of<br \/>\nEurope&#8217;s biggest utilities.<\/p>\n<p><span><\/span><\/p>\n<p>Even if coal remains significantly cheaper than gas as a<br \/>\nfuel to generate power in Europe this year, it is unlikely that<br \/>\nenough of the current high inventories will be consumed to<br \/>\ntrigger notable fresh buying, utilities said.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* June S.African bid at $100.00\/T * Carbopego seeks June, August cargoes LONDON, April 20 (Reuters) &#8211; European physical coal prices steadied on Friday after a day of quiet trading with no fresh deals reported. There are a few hot spots of European demand &#8211; Spain and Portugal, the UK and Germany &#8211; but too [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10147","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10147"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10147\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}