{"id":12508,"date":"2012-07-18T00:55:42","date_gmt":"2012-07-17T22:55:42","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/euro-coal-prices-steady-colombia-bombs-ignored\/"},"modified":"2012-07-18T00:55:42","modified_gmt":"2012-07-17T22:55:42","slug":"euro-coal-prices-steady-colombia-bombs-ignored","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-steady-colombia-bombs-ignored\/","title":{"rendered":"Euro Coal-Prices steady, Colombia bombs ignored"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Oct DES ARA trades at $90.25<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Colombia rail, mine workers threaten strike<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, July 17<\/span> (Reuters) &#8211; Physical prompt coal prices were<br \/>\nagain little changed on Tuesday although stronger oil gave some<br \/>\nsupport in earlier trading.<\/p>\n<p><span><\/span><\/p>\n<p>Oversupply is likely to continue through the year, with a<br \/>\nvery slow reduction in the surplus, as producers trim output and<br \/>\nbrace themselves for a period of stagnant prices.<\/p>\n<p><span><\/span><\/p>\n<p>While an event that would shift the market balance enough to<br \/>\npropel prices out of their current range cannot be ruled out, it<br \/>\nis extremely unlikely this year, traders and end-users said.<\/p>\n<p><span><\/span><\/p>\n<p>A spate of bomb attacks and strike threats in Colombia, one<br \/>\nof the world&#8217;s top five coal exporters, has had no impact on<br \/>\nprices because there is plenty of spot coal available.<\/p>\n<p><span><\/span><\/p>\n<p>Even if workers at Colombia&#8217;s Fenoco railway or Prodeco&#8217;s La<br \/>\nJagua mine do strike as threatened, end-users said they would<br \/>\nwelcome a delay to shipments given the current supply glut<br \/>\n.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Oil was higher but fell back in the afternoon, pulling<br \/>\nswaps with it, but there were no big moves in other markets to<br \/>\naffect coal,&#8221; one European trader said.<\/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>* Oct DES ARA trades at $90.25 * Colombia rail, mine workers threaten strike LONDON, July 17 (Reuters) &#8211; Physical prompt coal prices were again little changed on Tuesday although stronger oil gave some support in earlier trading. Oversupply is likely to continue through the year, with a very slow reduction in the surplus, as [&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-12508","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\/12508","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=12508"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12508\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}