{"id":9451,"date":"2012-03-30T03:39:19","date_gmt":"2012-03-30T01:39:19","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/euro-coal-prices-firm-on-tense-market-watching-n-sea-gas-leak\/"},"modified":"2012-03-30T03:39:19","modified_gmt":"2012-03-30T01:39:19","slug":"euro-coal-prices-firm-on-tense-market-watching-n-sea-gas-leak","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/euro-coal-prices-firm-on-tense-market-watching-n-sea-gas-leak\/","title":{"rendered":"Euro Coal-Prices firm on tense market watching N.Sea gas leak"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, March 29<\/span> (Reuters) &#8211; Coal trading in Europe was thin<br \/>\non Thursday, with reports of only one trade, as the market held<br \/>\nback to observe the events around a gas leak in the North Sea<br \/>\nand while mild weather and substantial stocks kept demand low.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>One South African cargo for delivery in June was bought at<br \/>\n$108 a tonne, according to GLOBALcoal data on Reuters, a level<br \/>\nthat was up slightly from recent trades.<\/p>\n<p><span><\/span><\/p>\n<p>With the possibility of an explosion on a large North Sea<br \/>\ngas platform, traders said nobody wanted to be caught on the<br \/>\nwrong side of an energy market that could panic in the case of a<br \/>\nmajor explosion.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;An event like that would impact the entire European energy<br \/>\nsector, including coal prices,&#8221; one trader said.<\/p>\n<p><span><\/span><\/p>\n<p>Demand for physical coal deliveries, meanwhile, remained low<br \/>\nas a result of mild weather and healthy stockpiles across large<br \/>\nparts of Europe.<\/p>\n<p><span><\/span><\/p>\n<p>In the UK, fourth-quarter 2011 coal imports increased by<br \/>\nalmost 25 percent compared with the same period of 2010, while<br \/>\nproduction for the period fell by almost 14 percent, according<br \/>\nto data from the Department of Energy and Climate Change (DECC).\t<\/p>\n<p> (Reporting by Henning Gloystein)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, March 29 (Reuters) &#8211; Coal trading in Europe was thin on Thursday, with reports of only one trade, as the market held back to observe the events around a gas leak in the North Sea and while mild weather and substantial stocks kept demand low. One South African cargo for delivery in June was [&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-9451","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\/9451","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=9451"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9451\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}