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Wednesday, 01 October 14
ASIAN THERMAL COAL PRICES TO REMAIN WEAK ON OVERSUPPLY - FITCH

COALspot.com: The thermal coal market in Asia will remain oversupplied in the next 12 months, in spite of on-going rationalisation of production, according to Fitch Ratings' latest dashboard on the sector.

According to Fitch, the outlook for import demand in China - the world's largest importer - is weak, due to slowing industrial production, higher hydro-based generation, as well as on-going implementation of policies aimed at curtailing coal consumption.

A further reduction in China's coal production would be a key factor if domestic thermal coal prices are to improve. We believe further downside risks are limited while international prices will remain weak, as a significant share of production is making a loss, Fitch noted.

More details can be found in the agency's "APAC Thermal Coal Dashboard 2H14" available at www.fitchratings.com.

Fitch said, the publication explores other key themes affecting issuer credit profiles for the sector in the APAC region including, Chinese and Indonesian government measures to address production, liquidity of issuers and cost control measures.



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Monday, 22 September 14
CFR SOUTH CHINA COAL SWAPS LOST ON DAY, WEEK AND MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 3.10 (-4.50%) month over month and $ 0.95 PT MT week over ...


Monday, 22 September 14
INDONESIAN COAL SWAPS LOST WEEK ON WEEK AND MONTH OVER MONTH
COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.35 (+0.69%) day on day and lost US$ 0.30 (-0.58%) per mt week on week. ...


Sunday, 21 September 14
CAPE INDEX LOST 17% W-O-W ; BALTIC DRY PLUNGES 106 POINTS
COALspot.com: This week the freight market softened a bit compared to last week. BDI fell 8.97% week on week and closed BDI at 1075 points on ...


Friday, 19 September 14
U.S. WEEKLY COAL PRODUCTION RELATIVELY FLAT AT +0.1% - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...


Friday, 19 September 14
PRICES FOR DRY BULK CARRIERS HAVEN'T CORRECTED ENOUGH, DESPITE LOWER THAN EXPECTED FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lot has been said and written about the looming dry bulk market recovery over the past few months. However, even if this hasn’t been materi ...


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