{"id":6084,"date":"2011-12-14T00:14:46","date_gmt":"2011-12-13T22:14:46","guid":{"rendered":"http:\/\/www.myza.co.za\/12\/euro-coal-prices-stable-despite-oil-gain\/"},"modified":"2011-12-14T00:14:46","modified_gmt":"2011-12-13T22:14:46","slug":"euro-coal-prices-stable-despite-oil-gain","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-stable-despite-oil-gain\/","title":{"rendered":"Euro Coal-Prices stable despite oil gain"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON<\/span> Dec 13 (Reuters) &#8211; Physical prompt coal prices<br \/>\nwere little changed on Tuesday on shrinking liquidity in the<br \/>\nholiday season in Europe, despite a rally in oil futures after<br \/>\nthe International Energy Agency forecast demand growth next<br \/>\nyear.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>The IEA&#8217;s five-year outlook for coal was more bullish than<br \/>\nfor oil, with a forecast of a steady rise in European and Asian<br \/>\nimported prices to 2016 due to growing absolute demand from<br \/>\nChina and relatively strong demand from India.<\/p>\n<p><span><\/span><\/p>\n<p>Global coal demand will rise by 600,000 tonnes a day between<br \/>\nnow and 2016, the IEA said.<\/p>\n<p><span><\/span><\/p>\n<p>Brent rose above $108 a barrel, recovering most of Monday&#8217;s<br \/>\nlosses.<\/p>\n<p><span><\/span><\/p>\n<p>Spot trade has been extremely thin for the past week and is<br \/>\ngetting thinner as the holiday season nears, traders and<br \/>\nutilities said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;There are very few people in the market and no real<br \/>\ninterest to trade &#8211; the bid\/offer spreads show that,&#8221; one trader<br \/>\nsaid.<\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>TRADES<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON Dec 13 (Reuters) &#8211; Physical prompt coal prices were little changed on Tuesday on shrinking liquidity in the holiday season in Europe, despite a rally in oil futures after the International Energy Agency forecast demand growth next year. The IEA&#8217;s five-year outlook for coal was more bullish than for oil, with a forecast of [&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-6084","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\/6084","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=6084"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6084\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}