critical-minerals-hub critical-minerals-hub critical-minerals-hub
The Coal Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
The Coal Hub
No Result
View All Result
Home Coal Demand

World coal market: brief overview

Editor by Editor
10 months ago
Reading Time: 2 mins read
World-coal-market
Share on FacebookShare on TwitterShare on Linkedin

Over the past week, European thermal coal indices firmed to the range of 122-124 USD/t. Quotes were supported by the growth of energy markets amid escalation in the Middle East and Ukraine’s attack on gas measuring station near the border town of Sudzha (the Kursk region), that is part of a pipeline, still supplying Russian gas to Europe. Furthermore, Germany posted a sharp rise in coal-fired generation, higher electricity prices and a drop in wind generation to a one-year low.

RELATED POSTS

World-coal-market

World coal market: brief overview

12 hours ago
Daltransugol-capacity-hike

Daltransugol boosts coal handling capacity up to 33 mio t

12 hours ago
Coal-industry-losses

Losses of Russian coal companies hit 1 billion USD in Q1 2025

12 hours ago

Gas quotes at the TTF hub jumped another 10% to 436.27 USD/1,000 m3 (+37.69 USD/1,000 m3 w-o-w), reaching a record high since December 2023 on the back of conflicts as well as gas infrastructure maintenance. Coal stocks at ARA terminals increased to 5.33 mio t (+0.24 mio t or +5% w-o-w).

South African High-CV 6,000 kept steady at 115-116 USD/t, supported by ongoing growth in the European market and strong demand from India. Transnet was also undergoing a 10-day maintenance, which was completed a day late due to cable theft. Inventories at Richards Bay Coal Terminal (RBCT) declined to 3.3 mio t from 3.6 mio t.

Transnet lowered its rail coal shipment forecast by 10% to 54 mio t for the fiscal year ending March 31 because of cable theft and railcar derailments. Meanwhile, exports through the RBCT terminal are expected to hit 33.6 mio t in Jan-Aug 2024 (+3% vs. Jan-Aug 2023).

In China, spot prices for 5,500 NAR coal at the port of Qinhuangdao marginally adjusted downward to 119.5 USD/t on expectations of deteriorating demand. Many coal suppliers are forecasting a market slowdown in mid-August, when consumption in most regions may shrink, following further easing of the heatwave. Generating companies expect an even bigger correction in the coming weeks, given the drop in demand on the spot market.

Some market participants are taking a wait-and-see approach, hoping for a recovery in quotations, taking into account that the pace of spot shipments to ports slowed down as FOB prices were 7-17 USD/t below FCA prices and logistics costs.

Inventories at the 6 largest coastal thermal power plants decreased to 13.83 mio t (-0.14 mio w-o-w), while coal stocks at the 9 largest ports totaled 25.23 mio t (+0.21 mio t w-o-w).

Indonesian 5,900 GAR remained virtually unchanged at 90.7 USD/t. Negative sentiment is partially offset by limited supply, caused by unfavorable weather conditions. However, some market actors believe the supply situation is likely to improve soon, especially in East Kalimantan. Some Indonesian producers expect China to ramp up imports in late September to replenish stocks ahead of winter.

Australian High-CV 6,000 climbed above 146 USD/t on sustained demand from the Asia Pacific and reduced supply of Colombian material, following continued heavy rains in the country. Moreover, falling Russian coal exports, caused by infrastructure constraints and high production costs, are supporting the price hike.

Australian HCC metallurgical coal index plunged below 215 USD/t, reflecting increased supply, ample inventories and low demand. Chinese producers accelerated the pace of steel and pig iron production cuts due to unfavorable market conditions (daily output decreased by 7-8% vs. July 20, 2024), while at least 10 plants scheduled blast furnace maintenance in August. Given the continuing negative fundamental factors, market participants expect further downward pressure on metallurgical coal quotations.

Glencore abandoned plans to spin off its coal business after acquiring a 77% stake in Canadian metallurgical coal producer Elk Valley Resources. The decision was backed by 95% of Glencore shareholders, who opposed the idea to exit the profitable, but polluting business, to retain the cash-generating asset for the funding of its expanding metals production, including copper.

Source: CCA Analytics


RELATED POSTS

World-coal-market

World coal market: brief overview

12 hours ago
Daltransugol-capacity-hike

Daltransugol boosts coal handling capacity up to 33 mio t

12 hours ago
Coal-industry-losses

Losses of Russian coal companies hit 1 billion USD in Q1 2025

12 hours ago
Tags: CAA Analysiscoal pricesglobal coal demandRussian coal productionworld coal market
Editor

Editor

Related Posts

World-coal-market
Coal Demand

World coal market: brief overview

12 hours ago
Daltransugol-capacity-hike
Coal Demand

Daltransugol boosts coal handling capacity up to 33 mio t

12 hours ago
Coal-industry-losses
Coal Demand

Losses of Russian coal companies hit 1 billion USD in Q1 2025

12 hours ago
No-profit-for-coal-miners
Coal Demand

Coal exports are profitable for all but coal companies

1 week ago
World-coal-market
Coal Demand

World coal market: brief overview

1 week ago
Kuzbass-production-4-months-2025
Coal Demand

Coal production in Kuzbass down 4.9% in Jan-Apr 2025

2 weeks ago
No Result
View All Result

Trending Posts

World-coal-market

World coal market: brief overview

May 26, 2025
steel-manufacturing

Coal used in steelmaking designated as a critical material

May 26, 2025
Russian-coal

Explosion at Yakutugol’s washing plant in Neryungri

May 12, 2025

Recent Post

No-profit-for-coal-miners

Coal exports are profitable for all but coal companies

June 3, 2025
World-coal-market

World coal market: brief overview

June 3, 2025
Kuzbass-production-4-months-2025

Coal production in Kuzbass down 4.9% in Jan-Apr 2025

May 26, 2025
Russian-coal-industry-losses-in-Q1-2025

Russian coal industry crisis intensifies, with losses in Q1 2025 exceeding 875 mio USD

May 26, 2025
World-coal-market

World coal market: brief overview

May 26, 2025
steel-manufacturing

Coal used in steelmaking designated as a critical material

May 26, 2025

The Coal Hub is an online platform for sharing analysis and information about the global coal market  more info

Categories

  • Coal Market Outlook
  • Coal Trade
  • Met / Coking Coal
  • Coal Fired Generation
  • Coal Regions
  • Climate & Technology
  • Economic Impact
  • Petcoke

Recent Posts

World coal market: brief overview

Losses of Russian coal companies hit 1 billion USD in Q1 2025

Daltransugol boosts coal handling capacity up to 33 mio t

Energise your Monday!

Sign up to receive our weekly newsletter (each Monday) with new coal market reports, presentations & analysis.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 TheCoalHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 TheCoalHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.