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Monday, 18 September 17
COAL PRICES WERE RELATIVELY UNCHANGED WEEK OVER WEEK - ANZ
Coal ExcavatorCOALspot.com: Coal prices were relatively unchanged, with most interest remaining in the thermal coal market said Daniel Hynes. However, falling steel and iron ore futures is likely to see coking coal come under pressure this week said Daniel Hynes, Senior Commodity Strategist at ANZ in his latest report.

Commenting on Iron Ore, He noted, the Iron ore prices fell sharply on Friday, compounding the falls from the previous day. A slew of slightly negative economic data has seen investors become increasingly cautious about the outlook for the bulk commodity.

Chinese retail sales, industrial production and fixed asset investment all showed signs of slowing. But he furhter noted, this weakness comes despite record levels of steel production. August volumes hit 74.59 million tonnes, up 0.8% from July.


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Recent News

Wednesday, 23 August 17
THE STRONG IRON ORE TRADE ROUTES SUPPORT CAPESIZE SEGMENT - INTERMODAL
The upward trend in the Capesize segment is definitely being supported by the strong momentum in the key iron ore trade routes. The price of high-q ...


Tuesday, 22 August 17
WHAT IS A RELEASE CALL?
KNOWLEDGE TO ELEVATE Joining a mutual P&I Club means each Member shares in the fortunes of that Club and its membership. The continuity of ...


Tuesday, 22 August 17
THOSE DOG DAYS OF SUMMER STEEL PRODUCTION IN CHINA - COMMODORE
COALspot.com: One popular but inaccurate narrative that makes the rounds every June and July (and occurred again this year) is that China’s s ...


Monday, 21 August 17
BANPU REVEALS FIRST HALF 2017 WITH STRONG RESULTS; SUPPORTED BY HIGHER COAL PRICES
Banpu Reveals First Half 2017 with Strong Results from Higher Coal Prices Gearing Up to the Era of New Energy with Banpu Greener & Smarter Stra ...


Monday, 21 August 17
INDIA'S COAL IMPORTS DECLINE TO 192 MT IN FY17 - PTI
Import of coal saw a decline of 6.37 per cent to 191.95 million tonnes (MT) in 2016-17 on higher production by CIL that saw the country move to a r ...


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