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Thursday, 07 September 17
TALK OF CONSTRAINTS ON CHINESE COAL OUTPUT PUSHED PRICES HIGHER - DANIEL HYNES
Coal & excavatorCommodity markets were largely higher as a weaker USD boosted investor appetite.

According to Daniel Hynes, Senior Commodity Strategist at ANZ, the energy sector was buoyed by rising demand and further supply-side constraints. The rhetoric around the North Korea crisis appeared to subside, resulting in buying of safe-haven assets such as gold to ease slightly.

Commenting on current coal price trend, Daniel Hynes, Senior Commodity Strategist at ANZ says, the coal prices remained well bid as a recovery in energy markets pushed prices slightly higher. Fears of further supply-side constraints in China also supported prices.

He further noted, the China’s State Council warned that the country shouldn’t blindly expand coal production amid high prices. It urged to eliminate outdated coal capacity and shut down coal mines that fail to meet safety requirements.


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Recent News

Friday, 13 October 17
U.S. COAL EXPORTS FOR THE FIRST SEVEN MONTHS OF 2017 TOTALED 51 MMST; UP 62% YOY, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2  million shor ...


Thursday, 12 October 17
THERMAL COAL PRICES IN EUROPE AND ASIA PUSHING HIGHER - DANIEL HYNES
Coal markets took the lead from the oil market, with thermal coal prices in Europe and Asia pushing higher says Daniel Hynes,Senior Commodity Strat ...


Wednesday, 11 October 17
2020 DEBATE AT IBIA'S LISW EVENT: COMPLIANCE & ENFORCEMENT – IT'S COMPLICATED : IBIA
There is no doubt about the start date for the 0.50% marine fuel sulphur limit in MARPOL Annex VI, but questions remain around how it will be enfor ...


Wednesday, 11 October 17
SHIPPING MARKET INSIGHT - TIMOS PPADIMITRIOU
With the majority of second-hand tonnage transactions taking place in the dry bulk sector it’s easy to lose sight of what is happening over a ...


Tuesday, 10 October 17
DELIVERY OF CARGO WITHOUT ORIGINAL BILLS OF LADING - UK P&I CLUB
KNOWLEDGE TO ELEVATE - It is common in a lot of trades, whether bulk or oil, to accept a Letter of Indemnity (“LOI”) for non-produ ...


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