{"id":15725,"date":"2012-10-19T06:07:13","date_gmt":"2012-10-19T04:07:13","guid":{"rendered":"http:\/\/www.myza.co.za\/10\/euro-coal-prices-steady-more-trades-seen\/"},"modified":"2012-10-19T06:07:13","modified_gmt":"2012-10-19T04:07:13","slug":"euro-coal-prices-steady-more-trades-seen","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-steady-more-trades-seen\/","title":{"rendered":"Euro Coal-Prices steady, more trades seen"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Nov South African bid at $81\/T<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Two Dec South African cargoes trade at $83\/T<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON<\/span> Oct 18 (Reuters) &#8211; Prompt physical coal prices were<br \/>\nlittle changed again on Thursday but activity picked up<br \/>\nsignificantly, due partly to the return of many coal market<br \/>\nplayers from the major annual industry conference in Istanbul<br \/>\nthis week.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Prices haven&#8217;t really changed but there were many more<br \/>\nnames in the market, people seem to have come back from Istanbul<br \/>\nready to do some business,&#8221; one European trader said.<\/p>\n<p><span><\/span><\/p>\n<p>Spot prices fell on Monday to $80 a tonne FOB for South<br \/>\nAfrican coal, the lowest level since end-December 2009, but have<br \/>\nsince recovered to $81-$83\/T FOB Richards Bay, bolstered by<br \/>\nfirmer oil and power.<\/p>\n<p><span><\/span><\/p>\n<p>Indian buyers are focusing on sourcing lower-grade thermal<br \/>\ncoal than standard specifications and say they are finding<br \/>\nplentiful offers of low energy Australian coal which is more<br \/>\ncompetitive on a delivered India basis than South African and<br \/>\nsome Indonesian material.<\/p>\n<p><span><\/span><\/p>\n<p>Australian thermal coal prices weakened this week to around<br \/>\n$80 a tonne FOB Newcastle, as strengthening freight rates into<br \/>\nChina dampened already tepid demand.<\/p>\n<p><span><\/span><\/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>* Nov South African bid at $81\/T * Two Dec South African cargoes trade at $83\/T LONDON Oct 18 (Reuters) &#8211; Prompt physical coal prices were little changed again on Thursday but activity picked up significantly, due partly to the return of many coal market players from the major annual industry conference in Istanbul this [&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-15725","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\/15725","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=15725"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15725\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=15725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=15725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=15725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}