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Monday, 09 January 17
COAL MARKETS WERE UNEXPECTEDLY ONE OF THE STRONGEST PERFORMERS OF 2016 - SGX
SGX logoCOALspot.com: Coal markets were unexpectedly one of the strongest performers of 2016, with domestic production restrictions in China as well as supply constraints elsewhere leading to surging seaborne prices said SGX.

According to SGX thermal coal (Newcastle) ended the year up over 100%, while coking coal ended the year up almost 200%, in stark contrast to bearish expectations at the start of the year.

According to SGX, the results of SGX survey indicated mixed views on the outlook for Chinese coal imports in 2017, though with a slight majority of respondents expecting imports to either rise or remain broadly unchanged.

On the other hand, a clear majority anticipate a rise in Indian coal imports in 2017.

SGX further noted that, views remain mixed on whether LNG will be able to compete with thermal coal on cost in the next few years, with a slight majority saying yes (up from a slight minority to the same question a year ago). Separately, on the traditional quarterly term contract pricing mechanism in coking coal, usage of which has been on a steady decline, less than half of respondents were confident that the quarterly term contract will persist beyond 2017. 


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Recent News

Thursday, 18 May 17
SOUTHEAST ASIA CAN ACCELERATE ACHIEVEMENT OF PARIS AGREEMENT GOALS - WCA
Low emissions coal in Asia reduces more CO2 emissions than renewable investment in Western Europe. Investing in low emissions coal plants in S ...


Wednesday, 17 May 17
THE CHINESE IMPORTS ARE A BAROMETER FOR VESSEL UTILIZATION - INTERMODAL
According to economic data, China imports increased year-on-year 38% in February, 20%  in March – which is approximately US$160-170b - w ...


Monday, 15 May 17
THE PORT OF NEWCASTLE HAS SHIPPED 0.99 PERCENT LESS COAL IN APRIL 2017
COALspot.com: The Port of Newcastle, Australia’s major trading ports, and the world’s largest coal export ports has shipped $AU 1,636.2 ...


Monday, 15 May 17
THE CAPESIZE INDEX ROSE SIGNIFICANTLY THIS PAST WEEK COMPARED TO PREVIOUS WEEK
COALspot.com: The Freight market slightly up this past week, as BDI and Cape shows a positive trend week over week. The Baltic Exchange, track ...


Friday, 12 May 17
U.S. COAL PRODUCTION DOWN AGAIN WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.3 million short tons ...


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