The calendar year 2017 Base for electricity has seen this year its biggest loss in his trading period. Until January, 21st 2016 the contract has lost 14 % of its value.
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The calendar year 2017 Base for electricity has seen this year its biggest loss in his trading period. Until January, 21st 2016 the contract has lost 14 % of its value.
German insurance company Allianz will sell all of its investments in companies whose turnover from coal activities exceeds 30% in the next six months.
China September numbers of coal imports are down 16% in the year to year comparison, accordingly the year-to-date numbers are down to 29%.
The worldwide coal prices are currently very volatile, mostly due to missing fundamentals. The oil price is driving the coal prices, as long as there are no new signals from China.
Data from the national statistical bureau showed China imported 99.84 million tonnes of coal in the first half of the year, falling 37.67% on a year basis, mainly due to faltering demand.