{"id":12320,"date":"2012-07-12T00:28:27","date_gmt":"2012-07-11T22:28:27","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/euro-coal-s-african-prices-slide-as-more-offers-seen\/"},"modified":"2012-07-12T00:28:27","modified_gmt":"2012-07-11T22:28:27","slug":"euro-coal-s-african-prices-slide-as-more-offers-seen","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-s-african-prices-slide-as-more-offers-seen\/","title":{"rendered":"Euro Coal-S.African prices slide as more offers seen"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Aug S. African trades at $84.15\/T FOB<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Coal swaps fall in line with power<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, July 11<\/span> (Reuters) &#8211; South African physical prompt<br \/>\ncoal prices fell sharply for the fourth day running as more<br \/>\nsellers emerged and buyers withdrew, waiting for lower numbers.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;There were far more buyers a few weeks ago but for August<br \/>\ncargoes in particular, it seems to be almost all sellers,&#8221; one<br \/>\ntrader said.<\/p>\n<p><span><\/span><\/p>\n<p>API4 coal swaps were also sold heavily throughout the day,<br \/>\nin line with weaker power prices and helped pull<br \/>\nphysical prices lower.<\/p>\n<p><span><\/span><\/p>\n<p>Coal ignored the rise in oil, which was boosted by<br \/>\nexpectations that there may be more signals of economic stimulus<br \/>\nfrom the U.S. Federal Reserve.<\/p>\n<p><span><\/span><\/p>\n<p>Indian buyers, who had bought fairly heavily when South<br \/>\nAfrican spot prices were close to two-year lows in June,<br \/>\nlargely retreated when prices nudged $90 last week, and their<br \/>\nwithdrawal has trimmed a few dollars from prices, trader said.<\/p>\n<p><span><\/span><\/p>\n<p>TRADES<br \/>\n  An August loading South African cargo traded at $84.15 a tonne<br \/>\nFOB Richards Bay, down $2.35 from Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Aug S. African trades at $84.15\/T FOB * Coal swaps fall in line with power LONDON, July 11 (Reuters) &#8211; South African physical prompt coal prices fell sharply for the fourth day running as more sellers emerged and buyers withdrew, waiting for lower numbers. &#8220;There were far more buyers a few weeks ago but [&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-12320","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\/12320","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=12320"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12320\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}