{"id":15754,"date":"2012-10-20T06:13:30","date_gmt":"2012-10-20T04:13:30","guid":{"rendered":"http:\/\/www.myza.co.za\/10\/euro-coal-prices-stable-nov-s-african-seen-weak\/"},"modified":"2012-10-20T06:13:30","modified_gmt":"2012-10-20T04:13:30","slug":"euro-coal-prices-stable-nov-s-african-seen-weak","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-stable-nov-s-african-seen-weak\/","title":{"rendered":"Euro Coal-Prices stable, Nov S.African seen weak"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Nov S.African trades at $80.50\/T<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* A December DES ARA cargo traded at $86.75\/T<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON<\/span> Oct 19 (Reuters) &#8211; Prompt physical coal prices were<br \/>\nagain little changed on Friday although a few trades were<br \/>\nreported.<\/p>\n<p><span><\/span><\/p>\n<p>Coal largely ignored oil&#8217;s rise to $113 a barrel after an<br \/>\nearly short-lived rally in coal swaps.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The market is stuck in a range again but there&#8217;s pressure<br \/>\non the November South African prices now, very little demand and<br \/>\npeople have cargoes to move,&#8221; one European trader said.<\/p>\n<p><span><\/span><\/p>\n<p>The mood at the Coaltrans Istanbul conference earlier this<br \/>\nweek was generally gloomy with no real expectation of a price<br \/>\nimprovement in the short-term and a finely-balanced market still<br \/>\ntending to surplus foreseen for 2013.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The European market is terrible for thermal coal, for PCI<br \/>\n(pulverised coal) and coking coal and most people have given up<br \/>\ntotally with China for now,&#8221; said one Russian exporter just<br \/>\nreturned from the conference.<\/p>\n<p><span><\/span><\/p>\n<p>At least one prompt cargo of Russian PCI was sold into<br \/>\nEurope for more than $110 a tonne FOB but buyers, particularly<br \/>\nin Asia, were holding out for prices $5 lower at least.<\/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 S.African trades at $80.50\/T * A December DES ARA cargo traded at $86.75\/T LONDON Oct 19 (Reuters) &#8211; Prompt physical coal prices were again little changed on Friday although a few trades were reported. Coal largely ignored oil&#8217;s rise to $113 a barrel after an early short-lived rally in coal swaps. &#8220;The market [&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-15754","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\/15754","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=15754"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15754\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=15754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=15754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=15754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}