{"id":13739,"date":"2012-08-22T03:04:36","date_gmt":"2012-08-22T01:04:36","guid":{"rendered":"http:\/\/www.myza.co.za\/08\/euro-coal-steady-as-atlantic-supplies-improve\/"},"modified":"2012-08-22T03:04:36","modified_gmt":"2012-08-22T01:04:36","slug":"euro-coal-steady-as-atlantic-supplies-improve","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-steady-as-atlantic-supplies-improve\/","title":{"rendered":"Euro Coal-Steady as Atlantic supplies improve"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* European coal burn up on cheap CO2 permits<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Chinese July imports down 10 pct<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON<\/span> Aug 21 (Reuters) &#8211; Physical prompt coal prices in<br \/>\nEurope were steady between $90 and $95 a tonne on Tuesday as a<br \/>\nhealthy level of supply following the end of a Colombian rail<br \/>\nworkers strike balanced against the effect of rising oil prices.<\/p>\n<p><span><\/span><\/p>\n<p>The Colombian rail strike, which last nearly a month, led to<br \/>\nsupply squeezes in the Atlantic basin early in August, but<br \/>\nanalysts said the seaborne Atlantic coal market would return to<br \/>\na surplus by the end of August as Colombia ramps up exports.<\/p>\n<p><span><\/span><\/p>\n<p>As a result of the improved supply outlook, traders said<br \/>\ncoal prices for delivery to Europe in September were around<br \/>\n$93.40 a tonne, while October contracts were trading around $94<br \/>\nand November deliveries just above $95.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The end of Colombia&#8217;s rail strike has improved the supply<br \/>\nside, and weaker Chinese coal imports also helped subdue<br \/>\nprices,&#8221; one coal trader said, but added that higher oil prices<br \/>\nand rising coal burn in Europe were lending support to coal<br \/>\nprices.<\/p>\n<p><span><\/span><\/p>\n<p>Chinese coal imports dropped by 10 percent between June and<br \/>\nJuly.<\/p>\n<p><span><\/span><\/p>\n<p>Front-month Brent crude prices rose back above $115 per<br \/>\nbarrel on Tuesday, while cheap carbon prices in Europe helped<br \/>\nraise coal burn by European utilities.<\/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>* European coal burn up on cheap CO2 permits * Chinese July imports down 10 pct LONDON Aug 21 (Reuters) &#8211; Physical prompt coal prices in Europe were steady between $90 and $95 a tonne on Tuesday as a healthy level of supply following the end of a Colombian rail workers strike balanced against the [&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-13739","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\/13739","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=13739"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13739\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=13739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=13739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=13739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}