{"id":6922,"date":"2012-01-11T08:33:22","date_gmt":"2012-01-11T06:33:22","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/rpt-record-weak-rupee-to-dent-india-coal-import-growth\/"},"modified":"2012-01-11T08:33:22","modified_gmt":"2012-01-11T06:33:22","slug":"rpt-record-weak-rupee-to-dent-india-coal-import-growth","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/rpt-record-weak-rupee-to-dent-india-coal-import-growth\/","title":{"rendered":"RPT-Record weak rupee to dent India coal import growth"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Repeats story issued late on Tuesday)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Weak rupee pushes coal costs up 20 pct-trade<\/p>\n<p><span><\/span><\/p>\n<p>* S. Africa, Indonesia exporters expect India import growth<br \/>\nto slow<\/p>\n<p><span><\/span><\/p>\n<p>* Sponge iron makers seen taking more lower-grade coal<\/p>\n<p><span><\/span><\/p>\n<p>* Utilities hard hit, more blackouts seen in 2012<\/p>\n<p><span><\/span><\/p>\n<p>By Jacqueline Cowhig<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Jan 10 (Reuters) &#8211; India&#8217;s coal imports, key<br \/>\nto global benchmark prices, are likely to see slower growth in<br \/>\n2012 because of a record weak rupee which is squeezing users<br \/>\nsuch as utilities and cement makers, importers and suppliers<br \/>\nsaid.<\/p>\n<p><span><\/span><\/p>\n<p>India and China are Asia&#8217;s biggest and fastest-growing coal<br \/>\nimporters and key markets for all origins of coal.<\/p>\n<p><span><\/span><\/p>\n<p>And with benchmark South African coal prices down more than<br \/>\n16 percent from year-ago levels at around $105 a tonne, the<br \/>\nassumption would be for the Indians to buy more.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Repeats story issued late on Tuesday) * Weak rupee pushes coal costs up 20 pct-trade * S. Africa, Indonesia exporters expect India import growth to slow * Sponge iron makers seen taking more lower-grade coal * Utilities hard hit, more blackouts seen in 2012 By Jacqueline Cowhig LONDON, Jan 10 (Reuters) &#8211; India&#8217;s coal imports, [&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-6922","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\/6922","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=6922"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6922\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}