
Thermal (and Industrial) Coal Update – 10 Feb
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A market update and some random thoughts on coal precipitated by the last month’s travels…

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Asian benchmark LNG prices were edging higher in the week to Thursday amid robust regional spot demand, though Pacific bellwether coal prices weakened.

European gas prices rebounded further from Thursday’s 3.5-month lows in early Wednesday trading but sentiment remained bearish

German power futures prices were a shade down in range-bound trading on Thursday following lows reached earlier in the week.

European natural gas inventories are basically 99% full ahead of the mandated filling target of 90% capacity by November 1.

Last week, the ongoing uncertainty surrounding the potential of a strike at Australia’s LNG export terminals had the effect

European natural gas prices experienced the largest jump since March of the previous year due to concerns over potential supply disruptions.

European natural gas prices experienced the largest jump since March of the previous year due to concerns over potential supply disruptions.

NextDecade Corp. will proceed with an $18.4 billion LNG plant in Texas, aiming to supply customers in Europe and Asia from 2027.

Novatek’s first floating transfer hub for LNG arrived in the Russian Arctic after a journey from South Korea & will export LNG to Europe.