Service Updates and Met Market Thoughts
May 15, 2024
What to expect from the website and service over the next few months, and a
Tag: Coking coal
Coal News & Price Data – May 12, 2024 – India Braces for Severe June Power Shortage
May 12, 2024
India is on the verge of experiencing its most significant power deficit in 14 years, with projections indicating a peak power shortfall of up to 14 GW during nighttime in June 2024…
Coal News & Price Data – April 8, 2024 – Shanxi Production Cuts
April 8, 2024
The 2024 Shanxi Province Coal Production and Stable Supply Work Plan confirms acoal output decrease of 50 million tons from 2023
What’s going on in met markets?
April 2, 2024
Steel prices are pretty dismal. There’s clearly an oversupply in Asia, Europe and North America.
China’s coking coal imports leap 37% YoY in Jan-Feb
March 26, 2024
China’s imports of coking coal from all origins during January-February 2024 totalled 17.89 million tonnes, logging a jump of 36.5% on year
Coal News & Price Data – March 22, 2024 – Glencore in the news again
March 22, 2024
Investors advocate for Glencore (GLEN.L) to retain coal mining assets, citing financial prospects and environmental benefits.
Fitch Increases Iron Ore & Coking Coal Price Assumptions
March 22, 2024
Fitch Ratings, a prominent international credit rating agency, has updated its financial price forecasts for iron ore and coking coal
Coal News & Price Data – March 21, 2024 – Coking Coal Prices Finally Bottom?
March 21, 2024
Oversupply in spot markets, driven by subdued demand in India and China, led to decreased prices.
Australian Coking Coal Prices Continue Falling
March 21, 2024
Decline in Australian coking coal prices can be attributed Weak global steel demand
Global Coking Coal Prices Fall Significantly in March
March 21, 2024
According to S&P Global, Australian coking coal quotations (FOB Australia) fell by 11.7% over two weeks in March (March 1-14) to $270.9/t
Met Producer Comps
March 20, 2024
Now that we’ve seen another annual rug pull in metallurgical coal markets, I thought it appropriate to revise forecasts and valuation comps
Coal News & Price Data – March 20, 2024 – The Coking Coal Selloff Continues
March 20, 2024
Bearish: Premium PLV Hard Coking Coal benchmark prices were down $12/my to $251/mt on Wednesday, March 20, 2024.