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Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES


COALspot.com – World’s thermal coal spot prices have slipped this week..

globalCOAL index in Newcastle Port, benchmark for Asian market, dropped 1.01 percent to US$114.30 per ton week ended January 6, 2012 compared to 115.47 per ton the week of 30 Dec 2011, acording to global COAL web site.

globalCOAL's RB Index, spot prices in Richard bay port, benchmark for Europe and West Asia market also dropped 1.53 percent to US$105.87 per ton week ended January 6, 2012 compared to 106.57 per ton the week of 30 Dec 2011, according to globalCOAL website.

DES ARA Index, benchmark for West Europe, slashed 1.9% to US$110.23 per ton.

Indonesian coal referance price (HBA), benchmark for Indonesian coal, lost 2.99 percent in January 2012 compared to December price.

globalCOAL is the world's leading online coal trading platform, providing a fast, effective and transparent route to the international physical and financial coal markets.



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Recent News

Wednesday, 04 January 12
NEWBUILDING ORDERS PICKED UP IN 2011, BUT 2012 EXPECTED TO BE A DIFFERENT STORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) starting the year on a sour note, losing 114 points and ending yesterday’s session, the first of the new year, ...


Wednesday, 04 January 12
MAHAGENCO TO IMPORT LOW MOISTURE COAL
COALspot.com - Maharashtra State Power Generation Co. Ltd. is the state power generation utility owned by Government of Maharashtra, intends to proc ...


Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.3 ...


Tuesday, 03 January 12
WHICH WAY WILL THE DRY BULK MARKET HEAD ON FIRST WEEK OF THE YEAR? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Dry bulk ship owners will be wondering which way will the BDI (Baltic Dry Index), the industry’s benchmark, will head during the first days of ...


Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...


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