Coal News & Price Data – December 8, 2023 – Weekly Met Summary
December 8, 2023
Asian metallurgical coal market showed stability with limited trading activity.
Author: The Coal Trader
Updated Met Comps (EV/EBITDA & FCF Yield)
December 7, 2023
In light of the Ramaco 2024 Guidance Update, I updated my metallurgical coal price deck and valuations for each of the US met producers.
Coal News & Price Data – December 7, 2023 – US & Australian Met Exports Update
December 7, 2023
US metallurgical coal exports stood at 3.91 mmt, down 5% on a daily average basis compared to September but up 13% YoY.
Coal News & Price Data – December 6, 2023 – China Met Stocks Down in December
December 6, 2023
China’s metallurgical coal stocks decreased in early December, signaling increased demand from end-users restocking
Quick Market Thoughts
December 5, 2023
Cold weather finally hit Europe over the last couple of weeks. This is a decent start to winter, but thermal markets have a lot of work to do.
Coal News & Price Data – December 5, 2023 – Upgraded Cyclone Jasper threat to Queensland
December 5, 2023
The Bureau of Meteorology upgraded a low-pressure system off the Queensland coast to Tropical Cyclone Jasper, a category one system
Coal News & Price Data – December 4, 2023 – Coal India Ltd Production up 8.7% YoY
December 4, 2023
Coal India Ltd reported a coal output of 66 million tons, marking an 8.7% year-on-year increase and an 8% month-on-month increase.
Shanxi Safety Overhaul
December 1, 2023
I’ve been trying to figure out how serious this Shanxi “safety overhaul” is in China over the past couple of days
Coal News & Price Data – December 1, 2023 – Weekly Met Market Summary
December 1, 2023
Coal production and logistical bottlenecks are expected to increase spot market activity for metallurgical coal
New S&P 500 Trend Signal & Macro Model Introduction
November 30, 2023
The S&P 500 is in a short-term overbought state as indicated by the overbought signal on Friday, Nov. 17, 2023
Coal News & Price Data – November 30, 2023 – India will Reinforce Coal Commitment at COP28
November 30, 2023
India is reinforcing its commitment to increased coal-fired power generation ahead of COP28.
Coal News & Price Data – November 29, 2023 – Shanxi Safety Overhaul to last until May ’24
November 29, 2023
There has been a notable increase in coal mine accidents in China, at least 57 accidents have occurred in 2023, resulting in 160 deaths.