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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

Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...


Sunday, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said C ...


Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DS ...


Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...


Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...


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