{"id":6126,"date":"2011-12-15T00:19:01","date_gmt":"2011-12-14T22:19:01","guid":{"rendered":"http:\/\/www.myza.co.za\/12\/euro-coal-prices-dip-again-with-oil-euro\/"},"modified":"2011-12-15T00:19:01","modified_gmt":"2011-12-14T22:19:01","slug":"euro-coal-prices-dip-again-with-oil-euro","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-dip-again-with-oil-euro\/","title":{"rendered":"Euro Coal-Prices dip again with oil, euro"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Swaps fall $1 on bank selling<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* No fixed price trades seen<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON<\/span> Dec 14 (Reuters) &#8211; Physical prompt coal prices<br \/>\nslipped again by around 50-75 cents on Wednesday in line with<br \/>\nweaker oil, the euro and equities and in the absence of fresh<br \/>\nspot trade.<\/p>\n<p><span><\/span><\/p>\n<p>By early afternoon, no fixed price trades had taken place<br \/>\nand most bids and offers had been withdrawn, a sign that the<br \/>\nmarket has already largely wound down before the end of year<br \/>\nholidays.<\/p>\n<p><span><\/span><\/p>\n<p>Calendar year coal swaps fell over $1 on bank selling<br \/>\nalthough the volumes traded were thin.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The euro&#8217;s down, oil and equities are down and there<br \/>\ndoesn&#8217;t seem to be any real need to do business,&#8221; one European<br \/>\ntrader said.<\/p>\n<p><span><\/span><\/p>\n<p>Utilities said despite a rise in German river water levels,<br \/>\nthey did not expect to be buying more spot coal until Q1.<\/p>\n<p><span><\/span><\/p>\n<p>Activity in the coal market has been slow throughout Q4 with<br \/>\nkey spot buyers China and India largely sidelined and minimal<br \/>\ndemand from European utilities or traders.<\/p>\n<p><span><\/span><\/p>\n<p>The return of India and China to the spot market early next<br \/>\nyear has already been factored into prices but the anticipated<br \/>\nbuying may not materialise as quickly as expected.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Swaps fall $1 on bank selling * No fixed price trades seen LONDON Dec 14 (Reuters) &#8211; Physical prompt coal prices slipped again by around 50-75 cents on Wednesday in line with weaker oil, the euro and equities and in the absence of fresh spot trade. By early afternoon, no fixed price trades had [&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-6126","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\/6126","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=6126"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6126\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}