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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

Saturday, 17 December 11
THE FREIGHT MARKET SEEMS TO HAVE ALMOST BOTTOMED OUT AND MAY REMAIN STEADY AT THESE LEVELS CAPT REDDY
COALspot.com - The BDI and Cape index closed lower this week with BDI closing at 1,888 points (down by 1.76 pct) and Cape index at 3,572 points (dow ...


Friday, 16 December 11
DRY BULK MARKET LOSES TRACK ON CAPESIZE LOSSES, SHIP FINANCING REMAINS TROUBLESOME - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn’t manage to sustain earlier gains, losing track yesterday, on reduced Capesize demand and persisting troubles in smal ...


Thursday, 15 December 11
BERAU SEES INDIA AS POTENTIAL MARKET FOR LOW-CALORIE COAL - THE JAKARTA POST
The Jakarta Post reported that, Publicly listed coal mining company PT Berau Coal Energy (BRAU), the fifth largest coal producer in Indonesia, sees ...


Thursday, 15 December 11
PANAMAX HARDLY AFFECTED BY THE RECENT FIRMER TENDENCY FOR THE BIG SISTERS - FEARNBULK
Handy The rates are more or less the same as last week. Continent/US Gulf fixing at tick below USD 10k and Gulf/Continent levels at USD 25k. Trips ...


Thursday, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...


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