EQUITIES
Coal Prices
Current coal futures pricing and forward curves, along with historical charts.
Weekly Price Charts:
Forward Price Curves:
Australian Coking Coal Prices:
Chinese Coking Coal Prices:
Newcastle Thermal Coal Prices:
API2 (Rotterdam) Thermal Coal Prices:
Richards Bay Thermal Coal Prices:
Monthly Price Charts:
More Reading on Coal Markets:
Chinese buyers resistant to higher coking coal prices
Chinese participants may become more resistant to accepting high-priced coking coal
Olive Downs Officially Opens
Pembroke Resources’ $1 billion Olive Downs steelmaking coal mine has officially opened in central Queensland
BHP after more than just copper in Anglo American takeover
BHP’s move on Anglo American is focused on long-term copper demand, but it would be a mistake to think there’s nothing else of value in Anglo’s portfolio.
Teck Resources First Quarter 2024 Performance Focused on Steelmaking Coal and Copper Expansion
Teck reported its unaudited results for the first quarter of 2024, highlighting significant strides in copper production alongside a steady performance in its steelmaking coal segment
Arch Resources, Inc. First Quarter 2024 Earnings Release Summary
The company experienced a decrease in net income and adjusted EBITDA compared to the same period last year, with revenues also showing a decline.
Earnings Season!
Herewith a quick note before earnings season kicks off tomorrow morning with Arch Resources results before the bell and earnings call at 10 am.
Coal News & Price Data – April 24, 2024 – Australian Miners Update Production Figures
European thermal coal imports are expected to increase slightly this month but remain low due to depleted stocks and weak demand
Kolmar halts coal washing plants due to excessive coal stockpiles
Kolmar, coking coal producer in Yakutia, has halted two washing plants and limited the load of the third plant by 50% since March 12
Europe’s coal imports to stay near multi-year lows in April
European thermal coal imports will only rise marginally this month from March’s multi-year low
China coal prices have bottomed
China’s domestic coal prices have bottomed out and will exceed 2023 highs this year
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