{"id":12769,"date":"2012-07-26T01:31:55","date_gmt":"2012-07-25T23:31:55","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/euro-coal-prices-creep-up-25-cents\/"},"modified":"2012-07-26T01:31:55","modified_gmt":"2012-07-25T23:31:55","slug":"euro-coal-prices-creep-up-25-cents","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-creep-up-25-cents\/","title":{"rendered":"Euro Coal-Prices creep up 25 cents"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Oct ARA trades at $89.75\/T, up 25c<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Colombia strikes may support prices<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, July 25<\/span> (Reuters) &#8211; Physical prompt coal prices<br \/>\nmoved slightly higher on Wednesday but remained below $90.00 a<br \/>\ntonne.<\/p>\n<p><span><\/span><\/p>\n<p>An October delivery DES ARA cargo traded at $89.75 a tonne,<br \/>\nup 25 cents from Tuesday&#8217;s last trade.<\/p>\n<p><span><\/span><\/p>\n<p>Few bids or offers were seen for August cargoes as buyers in<br \/>\nboth the Atlantic and Pacific markets waited for further price<br \/>\ndrops and for any impact of continued Chinese price<br \/>\nre-negotiations.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Everybody is being hurt by China, everybody &#8211; and anybody<br \/>\nwho says they&#8217;re not is lying,&#8221; a Pacific-based producer said.<\/p>\n<p><span><\/span><\/p>\n<p>Indian traders struggling to get Chinese buyers to perform<br \/>\ncontracts at prices higher than current levels have also been<br \/>\nhit by cancellations by Indian end-users.<\/p>\n<p><span><\/span><\/p>\n<p>This has left some of them with cargoes they are reluctant<br \/>\nto stockpile for months until demand picks up, which they will<br \/>\nhave to sell, possibly at a loss.<\/p>\n<p><span><\/span><\/p>\n<p>Almost all the factors active in the coal market at present<br \/>\nare bearish but Colombia could prove to be a surprise<br \/>\nprice-supporting element, traders and 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>* Oct ARA trades at $89.75\/T, up 25c * Colombia strikes may support prices LONDON, July 25 (Reuters) &#8211; Physical prompt coal prices moved slightly higher on Wednesday but remained below $90.00 a tonne. An October delivery DES ARA cargo traded at $89.75 a tonne, up 25 cents from Tuesday&#8217;s last trade. Few bids or [&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-12769","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\/12769","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=12769"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12769\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}