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Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS


Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million metric tons, the Australian newspaper reported.

The rains, as well as Chinese imports and increased global steel output, might leave the coking coal market tighter than in 2008 when prices tripled to $300 a ton, the newspaper said, citing Anglo American Metallurgical Coal chief Seamus French.

The miner is taking its first step into annual coal price negotiations to resist a push by BHP Billiton Ltd. to introduce shorter-term pricing, the newspaper reported.
Source: Bloomberg



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Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
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Friday, 19 March 10
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Thursday, 18 March 10
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BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...


Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...


Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
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