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Wednesday, 13 December 17
DEMAND FOR THERMAL COAL LOOKED RELATIVELY ROBUST - DANIEL HYNES
Coal ExcavatorCoal prices were a touch higher. Demand for thermal coal looked relatively robust, after reports continued to surface that Chinese authorities have eased constraints on coal use in heating due to a shortage of gas said Daniel Hynes, Senior Commodity Strategist at ANZ in his latest note.

According to his note, the coking coal prices were relatively unchanged, with traders taking some time to assess where the market is heading after a strong month of gains.

However, markets remain concerned about ongoing supply issues in Australia, which should see pressures remain to the upside for prices, Daniel Hynes concluded.


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Recent News

Wednesday, 29 November 17
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
In line with most expectations for the end of this month, during the past days the Dry Bulk market realized a significant rebound that sent the BDI ...


Tuesday, 28 November 17
THE DRY BULK MARKET HAS SHOWN A REMARKABLE RECOVERY THIS YEAR - GEORGE LAZARIDIS
The Dry Bulk market has shown a remarkable recovery this year with the average earnings having increased by around 63% this year so far compared to ...


Friday, 24 November 17
U.S. PRODUCED 14.9 MMST FOR THE WEEK ENDING NOV 18; UP 0.9% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...


Thursday, 23 November 17
PANAMAX: ANOTHER SLOW AND UNEVENTFUL WEEK; DECREASING FREIGHT RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax A quiet start to the week. USG closed last week a bit tighter, and continued into the new week on a positive tone with little concluded, ...


Wednesday, 22 November 17
THERMAL COAL WAS FLAT AMID CONCERNS OF FURTHER GOVERNMENT INTERVENTION IN CHINA, SAYS DANIEL HYNES
Coal prices were mixed. Thermal coal was flat amid concerns of further government intervention in China, said Daniel Hynes Senior Commodity Strateg ...


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