Sample Coal Market Report
Coal Market Report
Friday, 19 July 2024 |
|
|
|
|
Daily Thermal Coal Indices
|
Product |
Week TD |
Daily % Ch |
Month TD |
Daily % Ch |
Best Qualifying Index Bid |
Best Qualifying Index Offer |
NEWC | 136.53 | 0.46 % | 134.40 | 0.16 % | 138.00 | 140.00 |
DES ARA | 105.40 | -0.09 % | 107.47 | -0.03 % | 101.00 | 109.00 |
RB | 108.00 | 0.06 % | 107.13 | 0.02 % | 105.00 | 111.50 |
Market Overview |
While the rest of the energy complex posted losses coal markets ended a fairly choppy week on a positive note with gains across the three key indices. After a slow start to precedings futures gradually climbed through the session, leaving Q4'24 API2 some $1.50 firmer at $110/mt (and $3 up on last Friday's close). Underlying physical markets continue to be markedly rangebound and with relatively weak demand, particularly in Europe, trade appetite remains muted. Elsewhere, European gas (down 2%), power, carbon and oil prices all with front month Brent off by $1 to sit at $84.10/bbl near close of play. |
From the Asian Desk |
It was a very quiet day in Asia coal markets today. The physical markets are being valued in line with the previous days value. |
From the Met Desk |
Sep HCCA Branded Goonyella was bid today at $215.0 in 40kt, unchanged from yesterday. Meanwhile out in the wider market, fresh indication for a tender excerise from the sell side was observed. |
globalCOAL Thermal Coal Trades this Week
|
|
Product |
Expiry |
Price |
Volume |
Origin |
Delivery Point |
Add.Terms |
15/Jul/2024 | Phys NEWC Index (FOB Newcastle) | Q4'24 | -$ 2.10 | 75,000 | | | |
17/Jul/2024 | Phys NEWC Index (FOB Newcastle) | Sep'24 | $ 0.00 | 25,000 | | | |
17/Jul/2024 | Phys NEWC Index (FOB Newcastle) | Oct'24 | $ 0.00 | 25,000 | | | |
17/Jul/2024 | Phys NEWC Index (FOB Newcastle) | Oct'24 | $ 0.00 | 25,000 | | | |
17/Jul/2024 | Phys NEWC Index (FOB Newcastle) | Sep'24 | -$ 0.25 | 25,000 | | | |
18/Jul/2024 | Phys NEWC Index (FOB Newcastle) | Sep'24 | -$ 0.25 | 25,000 | | | |
18/Jul/2024 | Phys NEWC Index (FOB Newcastle) | Sep'24 | -$ 0.25 | 25,000 | | | |
globalCOAL Metallurgical Coal Trades this Week
|
|
Product |
Expiry |
Price |
Volume |
Brand / Opt |
No Trade |
Note: For product Phys Met Index Linked % (FOB Aus) the 'Price' displayed is a percentage of index value, not a US$ value
Recent Thermal Coal Indices |
Weekly | 21 Jun | 28 Jun | 05 Jul | 12 Jul | 19 Jul |
NEWC | 134.22 | 132.03 | 133.85 | 132.81 | 136.53 | DES ARA | 108.50 | 108.50 | 108.50 | 108.50 | 105.40 | RB | 112.88 | 106.43 | 106.28 | 107.10 | 108.00 |
|
globalCOAL Indices: Last 3 months (US$) |
|
|
NEWC |
DES ARA |
RB |
|
Monthly | Feb 24 | Mar 24 | Apr 24 | May 24 | Jun 24 |
NEWC | 119.84 | 129.21 | 129.95 | 142.72 | 134.03 | DES ARA | 113.50 | 113.50 | 114.36 | 108.50 | 108.50 | RB | 92.48 | 97.11 | 102.26 | 104.27 | 111.27 |
|
globalCOAL Weekly Thermal Indices: Last 12 months |
|
|
NEWC |
DES ARA |
RB |
globalCOAL Weekly Metallurgical Indices: Last 12 months |
|
|
HCCA |
Coal Forward Prices
|
Representing best bids / best offers on the globalCOAL Platform Between 00:00 and 18:00 Local London Time
|
|
|
|
| Phys NEWC | Phys NEWC Index | | |
---|
| Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid |
---|
Sep'24 | 135.50 | 140.25 | 137.88 | -0.75 | 1.25 | 0.25 | | | | | | |
Oct'24 | 138.00 | 140.00 | 139.00 | -1.00 | 0.50 | -0.25 | | | | | | |
Q4'24 | | | | -1.00 | 1.00 | 0.00 | | | | | | |
|
|
| Phys DES ARA | Phys API#2 Index | Phys ARA 5700 (DES) | |
---|
| Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid |
---|
Sep'24 | 101.00 | 107.00 | 104.00 | | | | | | | | | |
|
|
| Phys HCCA (FOB Aus) | Phys HCCA Branded (FOB Aus) | Phys HCCLV | PCIA |
---|
| Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid |
---|
Sep'24 | | | | 215.00 | - | - | | | | | | |
globalCOAL 6000 Physical Curves: Fixed Price |
|
|
Phys NEWC |
Phys ARA (DES) |
Phys RB |
Jul'24 | 135.00 | 97.00 | 103.25 | Aug'24 | 136.50 | 100.20 | 104.25 | Sep'24 | 138.75 | 105.50 | 105.25 | Oct'24 | 139.00 | 107.50 | 105.25 | Q3'24 | 136.75 | 100.90 | 104.25 | Q4'24 | 139.25 | 108.25 | 105.25 | Q1'25 | 143.25 | 111.50 | 107.50 | Q2'25 | 142.50 | 111.75 | 107.50 | CAL-25 | 145.00 | 113.30 | 109.00 | CAL-26 | 144.25 | 115.55 | 109.25 |
|
6000 Physical Curves: Fixed Price |
|
|
Phys NEWC |
Phys ARA (DES) |
Phys RB1 |
Previous day |
|
globalCOAL 6000 Physical Curves: Index-Linked |
|
|
Phys NEWC Index |
Phys API#2 Index (DES) |
Phys gC RB Index |
Jul'24 | 0.00 | -8.00 | -0.75 | Aug'24 | -2.00 | -8.50 | -0.75 | Sep'24 | -0.25 | -4.50 | -0.75 | Oct'24 | -0.25 | -2.50 | -0.75 | Q3'24 | -0.75 | -7.00 | -0.75 | Q4'24 | -0.25 | -1.50 | -0.75 | Q1'25 | -0.25 | 0.00 | -1.00 | Q2'25 | -0.25 | 0.50 | -1.00 | CAL-25 | -0.25 | 0.50 | -1.00 | CAL-26 | 0.25 | 1.00 | -0.75 |
|
6000 Physical Curves: Index-Linked |
|
|
Phys NEWC Index |
Phys API2# Index (DES) |
Phys gC RB Index |
Previous day |
|
gC NEWC Futures Curve |
|
|
Bid |
Offer |
Mid |
Change |
Jul'24 | 134.75 | 135.25 | 135.00 | 0.00 | Aug'24 | 138.25 | 138.75 | 138.50 | -0.25 | Sep'24 | 138.75 | 139.25 | 139.00 | -0.25 | Oct'24 | 139.00 | 139.50 | 139.25 | -0.15 | Q3'24 | 137.25 | 137.75 | 137.50 | -0.15 | Q4'24 | 139.25 | 139.75 | 139.50 | -0.50 | Q1'25 | 143.25 | 143.75 | 143.50 | -0.50 | Q2'25 | 142.50 | 143.00 | 142.75 | -0.50 | CAL-25 | 145.00 | 145.50 | 145.25 | -0.50 | CAL-26 | 143.75 | 144.25 | 144.00 | -0.50 |
|
gC NEWC Futures Curve (Mid-Point) |
|
Previous day |
|
Phys RB2 5700 |
|
|
Bid |
Offer |
Mid |
Change |
Jul'24 | 100.25 | 100.75 | 100.50 | 0.00 | Aug'24 | 101.00 | 101.50 | 101.25 | 0.75 | Sep'24 | 101.75 | 102.25 | 102.00 | 0.75 | Oct'24 | 101.50 | 102.00 | 101.75 | 1.35 | Q3'24 | 101.00 | 101.50 | 101.25 | 0.50 | Q4'24 | 101.25 | 101.75 | 101.50 | 0.50 | Q1'25 | 103.25 | 103.75 | 103.50 | 0.50 | Q2'25 | 103.00 | 103.50 | 103.25 | 0.50 | CAL-25 | 104.50 | 105.00 | 104.75 | 0.50 | CAL-26 | 104.25 | 104.75 | 104.50 | 0.50 |
|
Phys RB2 5700(Mid-Point) |
|
Previous day |
|
Phys RB2 5700 Index (API#4) |
|
|
Bid |
Offer |
Mid |
Change |
Jul'24 | -3.75 | -3.25 | -3.50 | 0.00 | Aug'24 | -4.00 | -3.50 | -3.75 | 0.00 | Sep'24 | -4.25 | -3.75 | -4.00 | 0.00 | Oct'24 | -4.50 | -4.00 | -4.25 | 0.00 | Q3'24 | -4.00 | -3.50 | -3.75 | 0.00 | Q4'24 | -4.75 | -4.25 | -4.50 | 0.00 | Q1'25 | -5.25 | -4.75 | -5.00 | 0.00 | Q2'25 | -5.50 | -5.00 | -5.25 | 0.00 | CAL-25 | -5.50 | -5.00 | -5.25 | 0.00 | CAL-26 | -5.75 | -5.25 | -5.50 | 0.00 |
|
Phys RB2 5700 Index (API#4) (Mid-Point) |
|
Previous day |
|
Phys RB3 5500 |
|
|
Bid |
Offer |
Mid |
Change |
Jul'24 | 89.35 | 89.85 | 89.60 | 0.00 | Aug'24 | 89.58 | 90.08 | 89.83 | 0.68 | Sep'24 | 89.81 | 90.31 | 90.06 | 0.68 | Oct'24 | 89.13 | 89.63 | 89.38 | 1.24 | Q3'24 | 89.58 | 90.08 | 89.83 | 0.45 | Q4'24 | 88.44 | 88.94 | 88.69 | 0.46 | Q1'25 | 89.81 | 90.31 | 90.06 | 0.46 | Q2'25 | 89.58 | 90.08 | 89.83 | 0.45 | CAL-25 | 90.96 | 91.46 | 91.21 | 0.46 | CAL-26 | 90.50 | 91.00 | 90.75 | 0.46 |
|
Phys RB3 5500 (Mid-Point) |
|
Previous day |
|
Phys RB3 5500 Index (API#4) |
|
|
Bid |
Offer |
Mid |
Change |
Jul'24 | -6.50 | -6.00 | -6.25 | 0.00 | Aug'24 | -7.25 | -6.75 | -7.00 | 0.00 | Sep'24 | -8.00 | -7.50 | -7.75 | 0.00 | Oct'24 | -8.75 | -8.25 | -8.50 | 0.00 | Q3'24 | -7.25 | -6.75 | -7.00 | 0.00 | Q4'24 | -9.50 | -9.00 | -9.25 | 0.00 | Q1'25 | -10.50 | -10.00 | -10.25 | 0.00 | Q2'25 | -10.75 | -10.25 | -10.50 | 0.00 | CAL-25 | -10.75 | -10.25 | -10.50 | 0.00 | CAL-26 | -11.25 | -10.75 | -11.00 | 0.00 |
|
Phys RB3 5500 Index (API#4) (Mid-Point) |
|
Previous day |
|
Phys RB4 4800 |
|
|
Bid |
Offer |
Mid |
Change |
Jul'24 | 69.75 | 70.25 | 70.00 | 0.00 | Aug'24 | 69.95 | 70.45 | 70.20 | 0.60 | Sep'24 | 70.15 | 70.65 | 70.40 | 0.60 | Oct'24 | 69.55 | 70.05 | 69.80 | 1.08 | Q3'24 | 69.95 | 70.45 | 70.20 | 0.40 | Q4'24 | 68.95 | 69.45 | 69.20 | 0.40 | Q1'25 | 70.35 | 70.85 | 70.60 | 0.40 | Q2'25 | 70.15 | 70.65 | 70.40 | 0.40 | CAL-25 | 71.35 | 71.85 | 71.60 | 0.40 | CAL-26 | 70.95 | 71.45 | 71.20 | 0.40 |
|
Phys RB4 4800 (Mid-Point) |
|
Previous day |
|
Phys RB4 4800 Index (API#4) |
|
|
Bid |
Offer |
Mid |
Change |
Jul'24 | -16.75 | -16.25 | -16.50 | 0.00 | Aug'24 | -17.50 | -17.00 | -17.25 | 0.00 | Sep'24 | -18.25 | -17.75 | -18.00 | 0.00 | Oct'24 | -19.00 | -18.50 | -18.75 | 0.00 | Q3'24 | -17.50 | -17.00 | -17.25 | 0.00 | Q4'24 | -19.75 | -19.25 | -19.50 | 0.00 | Q1'25 | -20.50 | -20.00 | -20.25 | 0.00 | Q2'25 | -20.75 | -20.25 | -20.50 | 0.00 | CAL-25 | -20.75 | -20.25 | -20.50 | 0.00 | CAL-26 | -21.25 | -20.75 | -21.00 | 0.00 |
|
Phys RB4 4800 Index (API#4) (Mid-Point) |
|
Previous day |
|
globalCOAL 5500 Physical Curves: Fixed Price |
|
|
Phys HA Aus |
Phys CFR Kemen/Liuheng |
Jul'24 | 88.00 | 150.00 | Aug'24 | 87.00 | 150.00 | Sep'24 | 86.00 | 150.00 | Oct'24 | 87.00 | 150.00 | Q3'24 | 87.00 | 150.00 | Q4'24 | 87.00 | 150.00 |
|
5500 Physical Curves: Fixed Price |
|
|
|
Phys HA Aus |
Phys CFR Kemen/Liuheng |
Previous day |
|
globalCOAL Low CV Physical Curves Index-Linked |
|
|
Phys NEWC Index HA Aus 5500 |
Phys INDO 3800 Index |
Jul'24 | -39.25 | 1.00 | Aug'24 | -44.55 | 1.00 | Sep'24 | -46.00 | 1.00 | Oct'24 | -42.05 | 1.00 | Q3'24 | -43.25 | 1.00 | Q4'24 | -46.55 | 1.00 |
|
5500 Physical Curves: Index-Linked |
|
|
Phys NEWC Index HA Aus 5500 |
Phys Phys INDO 3800 Index |
Previous day |
|
globalCOAL 3800 Physical Curves: Fixed Price |
|
|
Phys INDO 3800 |
Jul'24 | 53.00 | Aug'24 | 52.75 | Sep'24 | 52.50 | Oct'24 | 52.00 | Q3'24 | 52.75 | Q4'24 | 52.00 |
|
3800 Physical Curves: Fixed Price |
|
|
|
Phys INDO 3800 |
Previous day |
|
globalCOAL Met Coal Curves: Fixed Price |
|
|
HCCA |
HCCA Branded |
HCCLV |
PCIA |
Jul'24 | 227.00 | 228.00 | 226.00 | - | Aug'24 | 233.00 | 234.00 | 232.00 | - | Sep'24 | 238.00 | 239.00 | 237.00 | - | Oct'24 | 245.00 | 246.00 | 244.00 | - |
|
Met Coal Curves: Fixed Price |
|
HCCA |
HCCA Branded |
HCCLV |
PCIA |
Previous day |
|
Freight Forward Prices
|
|
|
Bol - Rott |
C5 |
|
Bid |
Offer |
Mid |
Bid |
Offer |
Mid |
Aug 24 | 13.25 | 13.75 | 13.50 | 10.10 | 10.20 | 10.15 |
Jul 24 | 13.50 | 14.00 | 13.75 | 10.05 | 10.20 | 10.13 |
Q1 25 | 11.85 | 12.25 | 12.05 | 8.35 | 8.60 | 8.47 |
Q3 24 | 13.25 | 13.75 | 13.50 | 10.10 | 10.30 | 10.20 |
Q4 24 | 14.25 | 14.75 | 14.50 | 10.65 | 10.85 | 10.75 |
Source: SSY (Capesize Coal FFA Market Prices) |
Energy Market Data
|
|
Unit |
Price |
US$ / GJ Equiv |
US$ / MMBtu |
US$ / MWh Equiv |
DES ARA (1) | US$ / mt | 105.40 | 4.20 | 4.43 | 15.11 |
RB (1) + PM Freight RB-Rott (2) | US$ / mt | 108.00 | 4.30 | 4.54 | 15.49 |
NBP Gas - Front Month (3) | p / th | 73.94 | 9.04 | 9.54 | 32.55 |
TTF Gas PM (3) | EUR / MWh | 31.89 | 3.90 | 4.11 | 14.04 |
ICE Gas Oil PM (3) | US$ / mt | 755.88 | 17.58 | 18.08 | 61.72 |
ICE Brent PM (3) | US$ /barrel | 84.10 | 13.74 | 14.50 | 49.49 |
UK Baseload Power PM (3) | GBP / MWh | 66.45 | 23.81 | 25.12 | 85.72 |
German Baseload Power PM (3) | EUR / MWh | 69.66 | 21.03 | 22.19 | 75.72 |
EUA Spot (3) | EUR / t | 65.24 | | | |
View sources and notes |
UK Clean Power Spread Prices |
|
|
UK Clean Dark Spread |
UK Clean Spark Spread |
|
View methodology |
ICE Futures Oil and Gas Daily Settlement Prices PM |
|
|
PM NBP Gas Futures (p / th) |
PM Brent Futures (US$ / barrel) |
Terms and Conditions of Use
|
Please direct all questions and comments about information contained in this publication to globalCOAL (a division of Global Commodities Holdings Limited). All information shown above is provided only for use by those who have been granted a data licence by globalCOAL and only under the terms of such licence. Where data is unavailable to globalCOAL, interpolation or judgement may have been used. Whilst globalCOAL and the other information providers noted above endeavour to provide accurate information, they do not represent or endorse the accuracy or reliability of any of the information contained herein and they cannot be held liable for any loss or damage howsoever arising from any use or reliance on the information contained herein. All indices produced by globalCOAL and the information providers comprise proprietary information of the producers and are protected by copyright and database rights. They can only be reproduced by globalCOAL Licensees in accordance with the terms of their licence, or with the prior written permission of Global Commodities Holdings Limited, or, where applicable, the information provider. If you would like to be able to send any of the information in this publication to other parties, please contact
datasales@globalcoal.com to arrange for the appropriate licences.
Your subscription to this publication and the provision of the password to access www.globalcoal.com is strictly for the exclusive use of the single named individual notified to us. A condition of use is that you will not share or permit a password to be shared, unless explicitly permitted in your data licence you will not use or permit the use of group emails to access the report or forward the report to any third party or allow it to be forwarded. Should you breach a condition then our rights are reserved in relation to damages, including as to infringement of copyright.
This publication may include analytics or tracking code which, amongst other things, collect information about the forwarding or other redistribution of the publication. We do not sell or share information about you or about your use of the publication. Please contact datasales@globalcoal.com for more information about this.
Where this communication has effect in the UK, it is issued by Global Commodities Holdings Limited (the Company), which is authorised and regulated by the Financial Conduct Authority (FCA). The designated investments or investment services detailed are only directed to Eligible Counterparties and Professional Customers as defined by the FCA. Any other persons, such as private customers, should not rely on this document. If you have any doubt, contact your financial adviser. The Company's Scope of Permissions under the Financial Services and Markets Act 2000 prohibits it from holding any positions in any of the designated investments it arranges on behalf of its clients. The Company's directors, employees and affiliates are not permitted to conduct any transactions for their own account where a conflict or potential conflict of interest may occur without prior approval of the Company. The Company may be providing and may have provided, within the previous 12 months, significant investment services in respect of any designated investments or related investments mentioned in this communication. Please note that telephone conversations and other communications with the Company may be recorded.
To stop receiving the Coal Market Report by email, simply unsubscribe
|