{"id":10247,"date":"2012-04-25T04:30:07","date_gmt":"2012-04-25T02:30:07","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/euro-coal-may-s-african-trades-at-99-70t\/"},"modified":"2012-04-25T04:30:07","modified_gmt":"2012-04-25T02:30:07","slug":"euro-coal-may-s-african-trades-at-99-70t","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-may-s-african-trades-at-99-70t\/","title":{"rendered":"Euro Coal-May S.African trades at $99.70\/T"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* EDP buys Colombian, U.S. coal for 2013, 2014<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Indian spot buying starts to revive<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, April 24<\/span> (Reuters) &#8211; European prompt physical coal<br \/>\nprices softened again on Tuesday but few trades were reported.<\/p>\n<p><span><\/span><\/p>\n<p>A May loading South African capesize cargo traded at $99.70<br \/>\na tonne, falling below $100 once more, but the price reflects<br \/>\nthe discount which a very prompt cargo would have, traders said.<\/p>\n<p><span><\/span><\/p>\n<p>In the European market, Colombian and U.S. coal continues to<br \/>\ndominate supply and keep a lid on price rises.<\/p>\n<p><span><\/span><\/p>\n<p>Portuguese utility Energias de Portugal (EDP) has<br \/>\nbought 2.4 million tonnes of mostly Colombian but some U.S.<br \/>\nthermal coal for 2013 and 2014 delivery at just over $3.00 a<br \/>\ntonne below API2, half from a Colombian producer<br \/>\nand half from a trader.<\/p>\n<p><span><\/span><\/p>\n<p>Portugal&#8217;s Carbopego is also expected to award a tender for<br \/>\ntwo coal cargoes by the end of this week and also to buy<br \/>\nColombian coal, which with U.S. fuel is the most competitively<br \/>\npriced into Europe.<\/p>\n<p><span><\/span><\/p>\n<p>There has been a revival of Indian spot importing during the<br \/>\npast week and this could support Richards Bay prices, if it<br \/>\ncontinues, they added.<\/p>\n<p><span><\/span><\/p>\n<p>Several cement makers have bought spot cargoes during the<br \/>\npast several days, some as an alternative to petcoke, which is<br \/>\nin tight supply.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* EDP buys Colombian, U.S. coal for 2013, 2014 * Indian spot buying starts to revive LONDON, April 24 (Reuters) &#8211; European prompt physical coal prices softened again on Tuesday but few trades were reported. A May loading South African capesize cargo traded at $99.70 a tonne, falling below $100 once more, but the price [&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-10247","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\/10247","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=10247"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10247\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}