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Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES


COALspot.com – World’s thermal coal spot prices have slipped this week..

globalCOAL index in Newcastle Port, benchmark for Asian market, dropped 1.01 percent to US$114.30 per ton week ended January 6, 2012 compared to 115.47 per ton the week of 30 Dec 2011, acording to global COAL web site.

globalCOAL's RB Index, spot prices in Richard bay port, benchmark for Europe and West Asia market also dropped 1.53 percent to US$105.87 per ton week ended January 6, 2012 compared to 106.57 per ton the week of 30 Dec 2011, according to globalCOAL website.

DES ARA Index, benchmark for West Europe, slashed 1.9% to US$110.23 per ton.

Indonesian coal referance price (HBA), benchmark for Indonesian coal, lost 2.99 percent in January 2012 compared to December price.

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

Tuesday, 24 January 12
BUKIT ASAM FY11 NET PROFIT SURGES 50% - INSIDER STORIES
Insider Stories reported that, the state-controlled PT Bukit Asam Tbk (PTBA) estimated to book Rp3 trillion (approximately US$ 335,570,469) net prof ...


Sunday, 22 January 12
FREIGHT MARKET DROPPED TO THE LOWEST LEVEL SINCE 2008
COALspot.com - "The markets continued to soften almost reaching 2008 levels breaking the 1,000 point mark", said Capt. Reddy of Vistaar Sh ...


Saturday, 21 January 12
ASIAS PREMIER COMPREHENSIVE OPEN CUT MINING CONFERENCE SCHEDULED FOR FEBRUARY 2012
As the only such conference in the region for miners and service providers, IBC Asia’s Open Cut Mine Planning & Operational Excellence con ...


Saturday, 21 January 12
COAL MARKETS CELEBRATES A DECADE OF BRINGING BUYERS & SELLERS TOGETHER
In 2012, IBC Asia’s premier Coal Markets conference series – Asia’s only globally focused coal import, export and supply chain eve ...


Saturday, 21 January 12
SAMIN TAN COMPLETES BUMI PLC TAKEOVER - INSIDER STORIES
Insider Stories reported that, Indonesian coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by stellar businessm ...


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