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PostPosted: Wed 23:34, 10 Jul 2013    Post subject: Thermal coal prices to remain low-spun5

Thermal coal prices to stay low,http://186669.com/viewthread.php?tid=62840&extra=page%3D1&frombbs=1,Merrell Shoes
Global thermal coal prices may continue to remain at lower levels till early the coming year as a result of drop sought after from India and china,http://arduino-pub.com/forum.php?mod=viewthread&tid=807441,gianmarco lorenzi pumps, said a Fitch set of Wednesday.
The buying price of thermal coal (5,http://www.viptopfashion.com/bbs/viewthread.php?tid=265477&extra=,Merrell boots,500 kcal coal at Newcastle Australia on the free-on-board basis) hit a two-year low of $87 (Rs 4,Roger vivier,785) a tonne in June from $142 a tonne recorded in January last year.
Aside from the economic slowdown in India and China,http://www.tttkkkknn.com/forum.php?mod=viewthread&tid=118040,merrell sandals, the prices were hit by a rise in production and exports from Indonesia and Australia. Exports from the US also jumped because of cheap gas replacing coal used in power generation,merrell sandals,http://bbs.y1000y.com/forum.php?mod=viewthread&tid=715249, it said.
Coal prices could recover if demand from key importers India and china improves. India reliance on imported coal has increased as domestic production continues to be hit. In China,Roger vivier outlet,http://www.jiaoninmai.com/bbs/forum.php?mod=viewthread&tid=594704, thermal coal fired power represents a lot more than 70 per cent of the nation energy needs. Thermal coal demand from China would lift again carrying out a sufficient policy easing through the Government,roger vivier shoes on sale,http://www.reimeiconsul.com/cgi-bin/joyful/joyful.cgi?page=0%2525252B%2525252B%2525252B%2525252B%2525252B%2525252BResult:%2525252Bchosen%2525252Bnickname%2525252%25E2%2580%258B52B%2525252522Seamadhenue%2525252522%3B%2525252Bsuccess%3B, it said.
SUPPLY SIDE CONCERNS
The weak pricing environment is exposing the company risks of high-cost coal producers,http://vime.aivime.com/home.php?mod=space&uid=9782&do=blog&id=80514,merrell footwear outlet, as coal prices fall near or below the marginal price of production. Many Australian producers have high cash costs of production. Such operators is going to be significantly affected if prices remain low to have an extended period.
Simultaneously,giuseppe zanotti sneakers sale, sustained low coal prices could shift buyers from low-rank coal to higher-grade coals and,giuseppe zanotti red heels, thus,cheap soccer cleats, negatively affect both demand and also the realised prices for low-rank coal,giuseppe zanotti shoes, said Fitch.
Should the current low price environment persist into 2013,Merrell online,http://xpavi.com/forum.php?mod=viewthread&tid=82849, Fitch expects high-cost producers in Australia and the US to attempt production cuts,http://park7.wakwak.com/~nymidi/cgi-bin/Y1dicPbUXGVlxwg5TR4vX/light.cgi?res=510,Merrell outlet, and review expansion projects under consideration. Fitch also believes that production expansion plans by low-cost producing countries for example Indonesia might be curtailed. Such actions would limit coal production levels and help address oversupply.

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