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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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