Bloomberg reported that European coal for 2014 tumbled to a record low as Chinese demand came under question under their new environmental measures.
Articles Tagged "thermal coal"
Chinese policy changes are carrying sway in international markets as the country takes strides to incorporate market-friendly reforms.
Seasonal demand is expected to boost coal spot prices, but larger trends in the market remain bearish for the coming months.
Problems for the coal sector continue, stemming from a supply glut and reduced demand in key consuming markets. However, the head of the world's largest thermal coal exporter says the bottom of the market has been reached, and that prices should begin rising again after year-end.
Bloomberg reported that shares of coal producer Bogdanka rose as thermal coal prices climbed.
Bloomberg reported that the price for China thermal coal dropped due to lower demand.
Bloomberg reported that a drop in thermal coal prices caused shares of Polish coal producer Bogdanka to fall.
Reuters reported that prices for European ARA thermal coal fell slightly.
Lipari Energy, Inc. (TSX:LIP) announced financial results for first quarter 2012.
Bloomberg reported that sub-bituminous coal swap contracts from Indonesia fell along with prices for China deliveries.