{"id":15638,"date":"2012-10-17T06:02:34","date_gmt":"2012-10-17T04:02:34","guid":{"rendered":"http:\/\/www.myza.co.za\/10\/euro-coal-prices-tick-25ct-higher-few-trades-seen\/"},"modified":"2012-10-17T06:02:34","modified_gmt":"2012-10-17T04:02:34","slug":"euro-coal-prices-tick-25ct-higher-few-trades-seen","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-tick-25ct-higher-few-trades-seen\/","title":{"rendered":"Euro Coal-Prices tick 25c\/T higher, few trades seen"},"content":{"rendered":"

\t\t<\/span><\/p>\n

* Nov S.African bid at $79.25\/T FOB<\/span><\/p>\n

<\/span><\/p>\n

* Rise in oil, power boosts coal prices marginally<\/p>\n

<\/span><\/p>\n

LONDON<\/span> Oct 16 (Reuters) – Prompt physical coal prices rose
\nby around 25 cents on Tuesday after falling to fresh lows on the
\nprevious day but the market remained oversupplied, traders and
\nutilities said.<\/p>\n

<\/span><\/p>\n

Much of the world’s coal industry is in Istanbul this week
\nfor the biggest annual conference and less spot market activity
\nhas been seen as a result.<\/p>\n

<\/span><\/p>\n

Prices were unchanged in the morning but rose slightly in
\nthe afternoon alongside higher oil, power and gas values.<\/p>\n

<\/span><\/p>\n

A December loading South African cargo traded at $82.75 a
\ntonne FOB Richards Bay and a November South African cargo traded
\nat $80.25, up 25 cents.<\/p>\n

<\/span><\/p>\n

South African prices fell to $80 a tonne on Monday, the
\nlowest level since December 2009 and some market players expect
\nto see a further fall of $3-$4 unless demand starts to pick up
\nas utilities in Asia and Europe restock.<\/p>\n

<\/span><\/p>\n

“The whole energy complex rose in the afternoon but there
\nwas no fundamental reason for coal to strengthen. There are
\nstill a lot of offers out there,” one European trader said.<\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
\n GRAPHIC: South African physical coal prices FOB Richards Bay –
\nhere<\/a><\/p>\n

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
\n TRADES
\n A December South African cargo traded at $82.75, up 25 cents.
\n A December DES ARA cargo traded at $84.75, unchanged.<\/p>\n

(Reporting by Jacqueline Cowhig; editing by James Jukwey)<\/p>\n

<\/span><\/p>\n

\n

\t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"

* Nov S.African bid at $79.25\/T FOB * Rise in oil, power boosts coal prices marginally LONDON Oct 16 (Reuters) – Prompt physical coal prices rose by around 25 cents on Tuesday after falling to fresh lows on the previous day but the market remained oversupplied, traders and utilities said. Much of the world’s coal […]<\/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-15638","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\/15638","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=15638"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15638\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=15638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=15638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=15638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}