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Sunday, 25 December 11
THERMAL COAL PRICES GAINED UP TO 4.32 PERCENT


COALspot.com - globalCOAL index gained 4.32 percent to US$106.36 per ton in RBCT, benchmark for South Asia and West Europe markets, for the week ended December 23, 2011. This gain is a substantial gain within one month.

In Newcastle Port, Australia, thermal coal spot prices, benchmark for Asian market, also ended substantially higher, surged to US$112.85 per ton week ended December 23, 2011 compared to 110.28 per ton the week of 16 Dec 2011.

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

Saturday, 24 December 11
CHINAS LEVEL OF GROWTH TO DETERMINE COURSE OF DRY BULK MARKET IN 2012 SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest report, shipbroker Intermodal attempted to find a silver lining in the tough year that was 2011, as well as what one could expect from ...


Friday, 23 December 11
SPOT PACIFIC CAPESIZE VESSELS HAVE COMMANDED HIGH PREMIUMS - FEARNLEYS
Handy Rates in the Atlantic kept stable from last week, with a touch of negativity closer to the end.  Less spot cargoes seen, and owners are ...


Friday, 23 December 11
CONTENTIOUS ISSUES IN CONTRACT RENEGOTIATION - THE JAKARTA POST
The government has been renegotiating mining contracts, especially those 30-40 years old, with almost all mining companies, including PT Freeport In ...


Friday, 23 December 11
LANCO JOINS HANDS WITH BUKIT ASAM FOR INDONESIAN POWER PROJECT
COALspot.com - PT Tambang Batubara Bukit Asam, Indonesia's state owned coal miner and Indian based Lanco Infratech Ltd plans to build steam power p ...


Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, gl ...


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