Mining News Pro - Price gains in European gas and power helped lift coal prices last week although China`s import restrictions have begun to impact on coal deliveries from Australia’s East coast. Australian cargoes are trading at significant discounts to paper prices, and NEWC itself is trading at several Dollars under RBCT.

Monday, September 7, 2020 - 1:59:40 PM

Visit: 683

Mining News Pro - A stronger rand is making life harder again for South African coal exporters. Richards Bay Coal Terminal prices slipped marginally on the week although Pacific and European markets were stronger, helped by news of strikes in Colombia, as well as stronger Chinese domestic prices.

Tuesday, September 1, 2020 - 12:04:45 PM

Visit: 639

Mining News Pro - Coal prices enjoyed a moderately volatile yet upbeat week, at least for API#4, although the RB1 discount widened a little. Rand strength also means that domestic prices are lower.

Monday, May 25, 2020 - 5:33:34 PM

Visit: 849

Mining News Pro - Financial coal markets enjoyed a relatively stronger week as some price consolidation occurred on API#4 around the $52.70 level. However, the physical discount also narrowed leading to slightly weaker RB1 prices, even as major mining houses such as Anglo and Glencore announced significant production cuts for 2020.

Tuesday, May 5, 2020 - 1:10:38 PM

Visit: 866

Mining News Pro - Crude and natgas prices stabilised over the week, with EU emissions prices also recovering from their lows end March. However, it remains a torrid time for SA coal exporters as demand for spot physical cargoes evaporates.

Monday, April 20, 2020 - 6:59:38 PM

Visit: 586

Mining News Pro - Coal prices fell across the curve even as oil and gas prices stabilised somewhat. Physical RB1 is trading at a slight discount to paper, whilst the RB3 differential has blown out to around $16 as reduced demand from India for SA coal weighs on exports.

Tuesday, April 14, 2020 - 12:02:41 PM

Visit: 460