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Monday, 06 November 17
THE THERMAL COAL MARKET CAME UNDER SOME PRESSURE AS THE OUTLOOK FOR DEMAND WEAKENED - DANIEL HYNES
Coal ExcavatorCommodities were mixed as investors grappled with a revised tax plan in the US amid a rising USD said Daniel Hynes in his linked in post.

According to Daniel Hynes Senior Commodity Strategist at ANZ Industrials struggled to show any trend, while Precious remained under pressure. Bulks edged higher amid better sentiment. Energy was the best performer of the day as oil prices gained. Agriculture was weaker.

Commenting on coal, Senior Commodity Strategist at ANZ Daniel Hynes says, coal markets were mixed, with metallurgical coal rising with stronger iron ore markets. At the same time, the thermal coal market came under some pressure as the outlook for demand weakened.

He further noted that, an Indian coal-fired power plant was shut down after an explosion killed 29 people. Reports emerged that China aims to cap total coal consumption in Beijing, Tianjin and Hebei at about 300m tonnes a year by 2020.


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Tuesday, 07 November 17
COAL MARKETS WERE RELATIVELY BUOYANT - DANIEL HYNES
Coal markets were relatively buoyant. Metallurgical coal prices were supported by the stronger steel and iron ore prices, says Daniel Hynes, Senior ...


Tuesday, 07 November 17
PROSPERITY AND WINTER WARMTH REMAIN PARAMOUNT IN CHINA - JEFFREY LANDSBERG
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