{"id":13393,"date":"2012-08-11T02:20:14","date_gmt":"2012-08-11T00:20:14","guid":{"rendered":"http:\/\/www.myza.co.za\/08\/euro-coal-prices-dip-oct-s-african-trades-at-91t\/"},"modified":"2012-08-11T02:20:14","modified_gmt":"2012-08-11T00:20:14","slug":"euro-coal-prices-dip-oct-s-african-trades-at-91t","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-dip-oct-s-african-trades-at-91t\/","title":{"rendered":"Euro Coal-Prices dip, Oct S.African trades at $91\/T"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Fenoco seeks strikers vote to return to work<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* El Nino to last until winter<\/p>\n<p><span><\/span><\/p>\n<p>* China imports show economic growth is cooling<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Aug 10 (Reuters) &#8211; Physical prompt South African<br \/>\ncoal prices dipped slightly on Friday, in line with weaker gas,<br \/>\noil and the euro, having fallen by $4 a tonne on the previous<br \/>\nday.<\/p>\n<p><span><\/span><\/p>\n<p>Oil fell to around $112 a barrel on Friday as a slowdown in<br \/>\nChina&#8217;s trade flows and weaker forecasts from the International<br \/>\nEnergy Agency added to concern about demand.<\/p>\n<p><span><\/span><\/p>\n<p>Wholesale UK gas prices rose on Friday, supported by tight<br \/>\nsupply, but had negligible impact on coal values<br \/>\n.<\/p>\n<p><span><\/span><\/p>\n<p>The continued strikes by workers on the Colombian Fenoco<br \/>\nrailway which moves coal to port for Drummond,<br \/>\nGoldman Sachs and Glencore&#8217;s Prodeco, and by<br \/>\nProdeco mineworkers, has been cited as the main reason for the<br \/>\nrecovery in prices from the two-year lows seen in June.<\/p>\n<p><span><\/span><\/p>\n<p>But some players say the market&#8217;s reaction has been overdone<br \/>\nbecause these strikes are unlikely to last more than another few<br \/>\ndays.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;There&#8217;s still a belief that the Colombia strikes are<br \/>\nsupporting prices so let&#8217;s see what happens when they&#8217;re over,&#8221;<br \/>\none European trader said.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Fenoco seeks strikers vote to return to work * El Nino to last until winter * China imports show economic growth is cooling LONDON, Aug 10 (Reuters) &#8211; Physical prompt South African coal prices dipped slightly on Friday, in line with weaker gas, oil and the euro, having fallen by $4 a tonne on [&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-13393","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\/13393","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=13393"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13393\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=13393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=13393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=13393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}