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Tuesday, 07 November 17
COAL MARKETS WERE RELATIVELY BUOYANT - DANIEL HYNES
Coal ExcavatorCoal markets were relatively buoyant. Metallurgical coal prices were supported by the stronger steel and iron ore prices, says Daniel Hynes, Senior Commodity Strategist at ANZ in his latest Linkedin posting.

He further noted that, however, reports of congestion at Australian ports, as well as concerns of mine closures in China also supported prices. Coal exports from Australia to key Asian customers hit record levels last week. Port data shows exports from the Gladstone port were up.

Iron ore prices surged higher as steel futures in China dragged the bulk commodity higher. Worsening weather conditions in northern China have resulted in more cities implementing steel mill closures. With steel output likely to fall, traders are now worried about the strain on already low inventories around the country. This pushed steel futures prices higher in both rebar and hot rolled coil markets.


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Friday, 27 October 17
U.S WEEKLY COAL PRODUCTION FLAT WEEK OVER WEEK - EIA
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Thursday, 26 October 17
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Thursday, 26 October 17
INDO TO CHINA ROUNDS SUPRAS ACHIEVING AROUND HIGH $14000 - FEARNLEYS
Supramax By mid-week the market has been relatively quiet in the Pacific basin as well, but still some healthy rates being achieved on the differ ...


Thursday, 26 October 17
STRONG SIGNAL FOR AUSTRALIAN COAL DEMAND - GREG EVANS
The International Energy Agency’s Southeast Asia Energy Outlook report, released today, presents a positive outlook for Australian coal produ ...


Wednesday, 25 October 17
COAL MARKETS REMAINED SUBDUED - DANIEL HYNES
Coal markets remained subdued. Daniel Hynes, Senior Commodity Strategist at ANZ, Coking coal prices were unchanged amid an absence of fresh of ...


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