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Wednesday, 21 October 15
RUSSIA'S CARBO ONE COAL SALES TO HIT 50 MLN T/YR - JACQUELINE HOLMES
Carbo One LogoCOALspot.com: Russia's Carbo One has become one of the world's leading physical coal traders with an annual volume approaching 50 million tonnes of international coal sold, Carbo One director Alexey Danilov told this week's Coaltrans conference in Barcelona.

Despite the general weakness in coal prices and demand, Carbo One will supply 47 million tonnes of coal this year, rising to 50 million tonnes in 2016, he said. The trading firm's focus is on growth in the Asia-Pacific market although it will retain key customers in Europe.

Carbo One continues to supply coal to Ukraine and benefits from the higher prices there, he said. The Ukrainian crisis had no negative effects on the company's trading activity, Danilov said. Although Carbo One supplies predominantly Russian thermal coal and PCI, the company has for several years traded and delivered coal of various international origins.

This wide product portfolio and access to the most efficient export ports give Carbo One the commercial flexibility needed to retain customers and grow in new markets where demand is healthy.

China's commodities demand is weaker but outside of China there is strong coal demand in countries such as the Philippines, Malaysia and Vietnam.

The depreciation of the Russian Ruble enabled Carbo One to look for growth in sales of high-quality thermal coal and PCI to the Asia-Pacific market.

Sales to South Korea by Carbo One reached 7 million tonnes this year, from 950,000 tonnes in 2010.


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Tuesday, 20 October 15
API 5 FOB NEWCASTLE COAL SWAP CLOSED NEGATIVE
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $1.23 per ton (2.86%) month over month to US$ 41.80 per ton. The ...


Monday, 19 October 15
RUSSIA MAJOR COAL MINER KRU CUTS 4.5 MLN T/YR "UNPROFITABLE" EURO SALES - JACQUELINE HOLMES
COALspot.com: Kuzbassrazrezugol (KRU), one of Russia's largest producers of high-quality coal, plans to cut its coal exports in 2016 by about 4 ...


Monday, 19 October 15
CFR SOUTH CHINA COAL SWAP CLOSED AT $48.68 PER TON
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US cents 55 (1.12 %) per ton month over month. A commodity ...


Monday, 19 October 15
KOMIPO SEEKS 1.28 MILLION T/Y COAL FOR DEC 2015 - Q2 2016
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 1,280,000 Metric Tons (MT) of minimum 4,600 kc ...


Sunday, 18 October 15
THE BDI AND OTHER INDICES CLOSED OFF ON NEGATIVE NOTE THIS FRIDAY
COALspot.com: The BDI closed off on negative note this Friday compared to previous Friday's closing. The BDI closed this Friday (16 Octobe ...


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