{"id":14499,"date":"2012-09-12T04:15:04","date_gmt":"2012-09-12T02:15:04","guid":{"rendered":"http:\/\/www.myza.co.za\/09\/euro-coal-prices-fall-1t-as-more-cargoes-offered\/"},"modified":"2012-09-12T04:15:04","modified_gmt":"2012-09-12T02:15:04","slug":"euro-coal-prices-fall-1t-as-more-cargoes-offered","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-fall-1t-as-more-cargoes-offered\/","title":{"rendered":"Euro Coal-Prices fall $1\/T as more cargoes offered"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Sept S.African cargo bid at $80.50\/T<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* SocGen cuts Cal 2014 price forecast to $113\/T CIF ARA<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, Sept 11<\/span> (Reuters) &#8211; Physical coal prices fell by<br \/>\n$1.00 a tonne on Tuesday as more prompt cargoes were offered<br \/>\namid slack demand.<\/p>\n<p><span><\/span><\/p>\n<p>More South African cargoes are being offered into the<br \/>\nEuropean market to compete with the Colombian coal which has<br \/>\ndominated imports because spot interest from key South African<br \/>\nconsuming markets such as India remains slow.<\/p>\n<p><span><\/span><\/p>\n<p>South African prices have fallen close to the two-year lows<br \/>\nof $82.00 seen in June. A September cargo was bid at $80.50 on<br \/>\nTuesday but did not trade.<\/p>\n<p><span><\/span><\/p>\n<p>^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^<\/p>\n<p><span><\/span><\/p>\n<p>GRAPHIC &#8211; Richards Bay coal prices: <a href=\"http:\/\/graphics.thomsonreuters.com\/gfx1\/JCW_20121109173520.jpg\">here<\/a><\/p>\n<p><span><\/span><\/p>\n<p>^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^<\/p>\n<p><span><\/span><\/p>\n<p>Expectations that China&#8217;s latest economic stimulus plans<br \/>\nwill result in higher imports of coal are premature, producers<br \/>\nand traders said, because domestic prices remain low and<br \/>\ninventories of high-priced coal still need to be consumed.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Sept S.African cargo bid at $80.50\/T * SocGen cuts Cal 2014 price forecast to $113\/T CIF ARA LONDON, Sept 11 (Reuters) &#8211; Physical coal prices fell by $1.00 a tonne on Tuesday as more prompt cargoes were offered amid slack demand. More South African cargoes are being offered into the European market to compete [&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-14499","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\/14499","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=14499"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14499\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=14499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=14499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=14499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}