Monday, 04 July, 2011
Reuters reported that prompt European physical coal values were stable again recently despite a lack of buying interest from utilities.
Utilities and traders said visible bids, offers and trades at prices little changed from earlier this week give the impression the market is steady but weak demand ought to trim a few dollars from prices.
South African prices have softened slightly bids have dipped to USD 113 from USD 115 last week, a price low enough to have drawn out Indian buyers.
One European trader said "There have been a number of trades at USD 114, USD 115 a tonne FOB Richards Bay this week, all bought by Indian traders."
Having avoided South African spot purchases since last November when prices rose above USD 100 some traders are taking a few cargoes for particular customers who prefer South African coal quality to lower-grade Indonesian.
They said but this will dry up if the current buying is enough to push prices back up closer to USD 118 again. (sourced from Reuters)
Showing posts with label S.African thermal coal price. Show all posts
Showing posts with label S.African thermal coal price. Show all posts
Monday, July 4, 2011
Tuesday, February 1, 2011
Xstrata 2010 coal output down 6 pct, copper steady
* Annual coal output down 6 pct to 79.9 mln tonnes
* Mined copper up 0.7 pct, copper cathode off 1.6 pct
* Coal and copper Xstrata's most profitable products
LONDON Feb 1, 2011 (Reuters) 8:03am GMT
Mining group Xstrata Plc (XTA.L) released annual production and price data on Tuesday.
Details of main products are below in tonnes, except coal in millions of tonnes.
Commodity........ Y-Y Pct(%)........Chang FY 2010......FY 2009
Coal*........................ -5.7...................... 79.9................................ 84.7
Ferrochrome........... 48........................1,165,000...................... 786,000
Copper cathode....... -1.6...................... 715,499......................... 727,050
Mined copper.......... 0.7.........................913,469..........................906,898
Mined nickel............ 6.3..........................60,670............................57,052
Zinc metal................ - 7.2..................... 765,867............................ 825,208
Zinc concentrate...... -1.0......................1,022,252.........................1,032,755
*Coal figure excludes production from Prodeco
Details of selected prices are below in dollars per tonne, except ferrochrome in cents per pound.
Commodity................... Y-Y Pct(%)........Chang FY 2010.....FY 2009
Australian thermal coal......... 6.7........................ 85.70..................80.30
S.African thermal coal........... 9.3........................ 74.40..................68.10
Americas thermal coal........... -1.2........................ 72.60..................73.50
Australian coking coal............ 41........................ 204.30..................145.00
Ferrochrome........................... 46........................ 124.30..................85.00
LME copper............................. 49........................ 7,681.................... 5,150
LME nickel............................... 48........................ 21,809.................. 14,712
LME zinc.................................. 30........................ 2,159.................... 1,659
(Reporting by Julie Crust; editing by Paul Hoskins, sourced:reuters)
* Mined copper up 0.7 pct, copper cathode off 1.6 pct
* Coal and copper Xstrata's most profitable products
LONDON Feb 1, 2011 (Reuters) 8:03am GMT
Mining group Xstrata Plc (XTA.L) released annual production and price data on Tuesday.
Details of main products are below in tonnes, except coal in millions of tonnes.
Commodity........ Y-Y Pct(%)........Chang FY 2010......FY 2009
Coal*........................ -5.7...................... 79.9................................ 84.7
Ferrochrome........... 48........................1,165,000...................... 786,000
Copper cathode....... -1.6...................... 715,499......................... 727,050
Mined copper.......... 0.7.........................913,469..........................906,898
Mined nickel............ 6.3..........................60,670............................57,052
Zinc metal................ - 7.2..................... 765,867............................ 825,208
Zinc concentrate...... -1.0......................1,022,252.........................1,032,755
*Coal figure excludes production from Prodeco
Details of selected prices are below in dollars per tonne, except ferrochrome in cents per pound.
Commodity................... Y-Y Pct(%)........Chang FY 2010.....FY 2009
Australian thermal coal......... 6.7........................ 85.70..................80.30
S.African thermal coal........... 9.3........................ 74.40..................68.10
Americas thermal coal........... -1.2........................ 72.60..................73.50
Australian coking coal............ 41........................ 204.30..................145.00
Ferrochrome........................... 46........................ 124.30..................85.00
LME copper............................. 49........................ 7,681.................... 5,150
LME nickel............................... 48........................ 21,809.................. 14,712
LME zinc.................................. 30........................ 2,159.................... 1,659
(Reporting by Julie Crust; editing by Paul Hoskins, sourced:reuters)
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