{"id":12544,"date":"2012-07-19T00:59:38","date_gmt":"2012-07-18T22:59:38","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/euro-coal-oct-ara-trades-at-90t-down-25-cents\/"},"modified":"2012-07-19T00:59:38","modified_gmt":"2012-07-18T22:59:38","slug":"euro-coal-oct-ara-trades-at-90t-down-25-cents","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-oct-ara-trades-at-90t-down-25-cents\/","title":{"rendered":"Euro Coal-Oct ARA trades at $90\/T, down 25 cents"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Heavy swaps selling weakens physical values again<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* End-user buying interest remains minimal<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, July 18<\/span> (Reuters) &#8211; Physical prompt coal prices were<br \/>\nlittle changed for a third day on Wednesday, with a few DES ARA<br \/>\nEuropean trades reported at numbers a few cents away from the<br \/>\nmost recent deals done at around $90.25 a tonne.<\/p>\n<p><span><\/span><\/p>\n<p>The market is trying to find a new range between around<br \/>\n$85-$90 a tonne for both delivered Europe and FOB prices,<br \/>\ntraders and end-users said.<\/p>\n<p><span><\/span><\/p>\n<p>There is still some expectation that prices could test<br \/>\nsupport and drift lower during the next two months, typically<br \/>\nthe season of weakest spot buying and that continued heavy swaps<br \/>\nselling could push prices back to the two-year lows reached in<br \/>\nJune.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Oil has been one of the major factors because there&#8217;s been<br \/>\nso little to give coal direction and the prompt months in<br \/>\nparticular are still under pressure from oversupply,&#8221; one<br \/>\nEuropean trader said.<\/p>\n<p><span><\/span><\/p>\n<p>Brent crude gained on Wednesday for the sixth session, as<br \/>\nbloodshed in Syria highlighted worries about Middle Eastern oil<br \/>\nsupply and outweighwed concerns about the state of the global<br \/>\neconomy.<\/p>\n<p><span><\/span><\/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>* Heavy swaps selling weakens physical values again * End-user buying interest remains minimal LONDON, July 18 (Reuters) &#8211; Physical prompt coal prices were little changed for a third day on Wednesday, with a few DES ARA European trades reported at numbers a few cents away from the most recent deals done at around $90.25 [&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-12544","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\/12544","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=12544"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12544\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}