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Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal excavatorCoal markets were buoyed by ongoing supply side issues. 
 
According to Daniel Hynes, Senior Commodity Strategist of ANZ, the thermal coal futures on the Zhengshou Exchange rose as safety and environmental inspections threatened to restrict Chinese coal production even further.

The rebound in Newcastle futures that started last week was extended as traders viewed the recent sell off as overdone.

Daniel Hynes said in his latest post, the metallurgical coal prices failed to catch the same wave, with futures down sharply. Data sowing China’s coking coal imports fell 2.4% to 5.92mt didn’t help sentiment in the market. Australian coking coal futures settled at USD192.5/t on the Singapore Exchange. 


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Recent News

Wednesday, 31 July 19
INDIA'S 2019 THERMAL COAL IMPORTS SEEN AT 180-185 MLN T - WOODMAC
India is expected to import 180-185 million tonnes of thermal coal in 2019, said Dale Hazelton, head of thermal coal at consultancy Wood Mackenzie. ...


Wednesday, 31 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
It was a fairly busy week in the dry S&P market. Despite the ease of Capesize rates which impacted Panamaxes as well, interest from potential b ...


Sunday, 28 July 19
ULTRAMAX - INDONESIAN COAL CARGOES SAW A 63,000DWT SHIP FIXING DELIVERY FOR A SOUTH CHINA TRIP VIA INDONESIA, REDELIVERY CHINA, AT $11,700 - BALTIC BRIEFING
Capesize The market was a white knuckled ride this past week as a large downside movement shed value quickly leaving many in bewilderment. The ...


Wednesday, 24 July 19
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.27 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.78 points Monday, down 0.27 percent week on week.   The index, released by Chi ...


Wednesday, 24 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
Tonnes of ink has been spent analysing the rebound of the dry bulk market the last weeks with the most representative example being the rising perf ...


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