
16 months low as petrochemical demand remained low. GASOLINE * Eurobob gasoline opened at $$1,014-$1,021 a tonne fob ARA before sliding to $1,009 in the late afternoon. The level was the slight fall from the range of $1012-$1020 on Tuesday
LONDON, May 23 (Reuters) - Prices for European delivered coal traded 50 cents higher late on Tuesday after earlier falling by $1.00 on growing bearish sentiment and uncertainty over the real extent of China's rejection of cargoes bought at higher levels.
LONDON, May 22 (Reuters) - Prices for European delivered DES ARA thermal coal fell by $1.00 on Tuesday to yet another fresh two-year low with a bid of $78.00 for June as distressed cargoes as a result of Chinese defaults dragged the market lower.
* China defaults seen as very bearish signal (Adds detail, quotes, graphic)
after maintenance. Barges of benchmark Eurobob trading in north west Europe dipped to trade at between $997-$999 a tonne fob ARA , from the previous session's $1,002-$1,006 a tonne. "The European demand is still very slow and trending worse
company was created in September 2009, as a result of the merger between Aracruz Celulose and Votorantim Celulose e Papel (VCP). This merger occurred shortly after Aracruz suffered a billion dollar loss related to derivatives. While Fibria
LONDON, May 4 (Reuters) - European coal prices crept higher by 25 cents a tonne on Friday as the market steadied after hitting two-year lows earlier in the week on weakening fundamentals.
back into the market. Prices were little changed at lows not seen since mid-February of $1,060 to $1,065 a tonne fob ARA , having corrected from almost four-year highs of $1,210 in April. Prices have dropped by around 2 percent since the announcement
* July ARA trades at $88/T * May ARA bid at $83 LONDON, May 2 (Reuters) - European coal prices slid ..... and some utilities bought July cargoes at $88.00 a tonne DES ARA , down from $91 on Tuesday. The discount of prompt to forward
day wore on but did not trade in the window. In the morning, Eurobob barges traded at some $1,092-$1,094 a tonne fob ARA , at premiums to the May swap of $6 to $9 a tonne. The narrowing premium reflected the fact that the end of April is approaching