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Wednesday, 29 November 17
THERMAL COAL MARKETS WERE A LITTLE BIT MORE SUBDUED - DANIEL HYNES, ANZ
Coal ExcavatorCoal prices were stronger, led by gains in coking coal. Premium hard coking coal jumped above USD200/t for the first time in two months, said Daniel Hynes of  ANZ in his latest note.

According to Daniel Hynes, traders appear eager to lock in cargoes of the premium coal after reports suggested output from Australia could come in lower than expected.  With Australia’s Bureau of Meteorology recently warning the threat of La Nina had increased significantly, the possibility of higher rainfall affecting exports has increased.

Thermal coal markets were a little bit more subdued, as traders awaited some direction form the oil markets.


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Recent News

Wednesday, 08 November 17
COAL MARKETS WERE MIXED; COKING COAL EKING OUT SOME GAINS; THERMAL COAL STRUGGLING - DANIEL HYNES
Coal markets were mixed, with coking coal eking out some gains, while thermal coal struggled amid the falling oil prices, ANZ Strategist said in a ...


Wednesday, 08 November 17
WEEKLY SHIPPING MARKET INSIGHT
If you are a dry bulk owner today you are definitely feeling the pressure of the past couple of years off and given the admittedly unexpected growt ...


Wednesday, 08 November 17
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Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itoch ...


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