Time for some Upgrades
January 21, 2024
Now that I’m back from vacation, it’s time for some equity upgrades. Last week turned out NOT to be a quiet week in the coal sector.
Author: The Coal Trader
Coal News & Price Data – January 12, 2024 – Weekly Met Market Summary
January 12, 2024
In the Australian metallurgical coal market, prime hard coal prices are expected to remain stable despite low spot demand
Coal News & Price Data – January 11, 2024 – European Steelmakers are Restarting Blast Furnaces
January 11, 2024
uropean steelmakers are resuming production, which was reduced in mid-2023 to stabilize steel prices in Q1
Thermal Market Thoughts
January 10, 2024
This northern hemisphere winter has been mild overall, and most of 2024 could be wrecked by high inventories, leading to subdued demand
Coal News & Price Data – January 10, 2024 – Russian Coal Export Update
January 10, 2024
Russia has officially removed most coal export tariffs linked to the ruble, which applies to thermal coal, coking coal, and anthracite coal
Met Market Thoughts
January 9, 2024
Met prices are driven primarily by China, then marginally by other regional demand sources, so let’s start there
Coal News & Price Data – January 9, 2024 – Weak Atlantic Basin Met Coke Markets for Q1
January 9, 2024
The Atlantic Basin metallurgical coke markets are poised for a slow start in Q1 due to subdued steel production…
Coal News & Price Data – January 8, 2024 – Asian Thermal Coal Demand Meets Indonesian Supply
January 8, 2024
In December, Asia’s seaborne thermal coal imports hit a record high of 83.69 million metric tons, driven by robust demand from China
Coal News & Price Data – January 5, 2024 – Met Market Weekly Summary
January 5, 2024
Australian prime hard metallurgical coal prices are showing signs of potential increase due to ongoing supply tightness
Coal News & Price Data – January 4, 2024 – India Coal Update and Outlook
January 4, 2024
India’s coal production in December increased 10.75% year-on-year to 92.87 million mt, with total production of 684.31 mmt, April to December
Updated Producer Comps
January 3, 2024
Met & Thermal Coal Producer Valuations along with a theoretical framework on how I think about valuing coal companies.
Coal News & Price Data – January 3, 2024 – US Thermal Exports to Decline in 2024
January 3, 2024
US export thermal coal prices are expected decline in 2024 amid mild global demand and poor Domestic market sentiment