{"id":6517,"date":"2011-12-30T01:04:27","date_gmt":"2011-12-29T23:04:27","guid":{"rendered":"http:\/\/www.myza.co.za\/12\/euro-coal-tracks-oil-power-gas-in-thin-trading\/"},"modified":"2011-12-30T01:04:27","modified_gmt":"2011-12-29T23:04:27","slug":"euro-coal-tracks-oil-power-gas-in-thin-trading","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-tracks-oil-power-gas-in-thin-trading\/","title":{"rendered":"Euro Coal-Tracks oil, power, gas in thin trading"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Prices largely within previous days&#8217; levels<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* March S.African bid\/offer range at $105.25\/$106.75<\/p>\n<p><span><\/span><\/p>\n<p>* Oil, gas and power markets all down<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Dec 29 (Reuters) &#8211; Physical prompt coal<br \/>\nmarkets saw little activity on Thursday as most traders were<br \/>\nbridging the gap between the Christmas and New Year weekends,<br \/>\nand in the absence of spot trades to give price direction bids<br \/>\nand offers moved largely sideways.<\/p>\n<p><span><\/span><\/p>\n<p>No physical trades were heard, but February South African<br \/>\nRichard&#8217;s Bay cargoes were bid at $105.25 a tonne, and March<br \/>\ncargoes saw a bid\/offer range of $105.25\/$106.75, which was<br \/>\nwithin the range of the previous day.<\/p>\n<p><span><\/span><\/p>\n<p>With oil, gas, and wholesale European power prices all<br \/>\ndropping on Thursday, coal traders said that the expectation<br \/>\ntended to falling coal prices, once trading resumes next week.<\/p>\n<p><span><\/span><\/p>\n<p>Oil dropped from around $108.50 a barrel on<br \/>\nWednesday to $107 on Thursday afternoon.<\/p>\n<p><span><\/span><\/p>\n<p>Gas prices were also down, with the UK&#8217;s NBP summer 2012 gas<br \/>\ncontract below 55 pence per therm for the first time since early<br \/>\nFebruary.<\/p>\n<p><span><\/span><\/p>\n<p>And the benchmark German 2012 baseload power contract was<br \/>\nalso weaker at 52 euros per megawatt-hour (MWh).<\/p>\n<p><span><\/span><\/p>\n<p>(Reporting by Henning Gloystein)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2011 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Prices largely within previous days&#8217; levels * March S.African bid\/offer range at $105.25\/$106.75 * Oil, gas and power markets all down LONDON, Dec 29 (Reuters) &#8211; Physical prompt coal markets saw little activity on Thursday as most traders were bridging the gap between the Christmas and New Year weekends, and in the absence 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-6517","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\/6517","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=6517"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6517\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}