{"id":13275,"date":"2012-08-08T02:15:19","date_gmt":"2012-08-08T00:15:19","guid":{"rendered":"http:\/\/www.myza.co.za\/08\/euro-coal-prices-rally-to-95t-highest-since-april\/"},"modified":"2012-08-08T02:15:19","modified_gmt":"2012-08-08T00:15:19","slug":"euro-coal-prices-rally-to-95t-highest-since-april","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-rally-to-95t-highest-since-april\/","title":{"rendered":"Euro Coal-Prices rally to $95\/T, highest since April"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* S.African prices rise by $4\/T to $92<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Colombia force majeures bolster prices -utilities<\/p>\n<p><span><\/span><\/p>\n<p>* Polish, Venezuelan, Indonesian coal offered into Europe<\/p>\n<p><span><\/span><\/p>\n<p>By Jacqueline Cowhig<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Aug 7 (Reuters) &#8211; Physical European prompt coal<br \/>\nprices rallied by $1.00 a tonne on Tuesday to $95, the highest<br \/>\nlevel since April 19, boosted by Colombian force majeures,<br \/>\nutilities and traders said.<\/p>\n<p><span><\/span><\/p>\n<p>South African FOB prices rose more steeply by $4 to around<br \/>\n$92, the highest since late June, but no fresh trades were<br \/>\nreported.<\/p>\n<p><span><\/span><\/p>\n<p>Calendar 2013 swaps prices reached $100-$102 a tonne, a<br \/>\nlevel that is likely to draw out fresh offers from sellers who<br \/>\ncould not make a profit at $82-$88 a tonne, the price range seen<br \/>\nfor most of the past two months.<\/p>\n<p><span><\/span><\/p>\n<p>There is a growing consensus that the market has seen the<br \/>\nlowest prices it is likely to this year and that they will<br \/>\nrecover gradually in the next several months.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The Colombia force majeures are giving a bit of life to the<br \/>\nmarket, that&#8217;s the main reason prices have risen quite strongly<br \/>\nso when it&#8217;s over, we could see a weaker market in late August,&#8221;<br \/>\none end-user said.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* S.African prices rise by $4\/T to $92 * Colombia force majeures bolster prices -utilities * Polish, Venezuelan, Indonesian coal offered into Europe By Jacqueline Cowhig LONDON, Aug 7 (Reuters) &#8211; Physical European prompt coal prices rallied by $1.00 a tonne on Tuesday to $95, the highest level since April 19, boosted by Colombian force [&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-13275","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\/13275","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=13275"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13275\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=13275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=13275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=13275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}