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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

Wednesday, 12 April 17
SHIPPING MARKET INSIGHT - VASSILIS VASSILIOU
The first quarter of 2017 started relatively busy for the ship repair sector, with most of the repair facilities being nearly fully occupied till t ...


Monday, 10 April 17
THE CAPE INDEX WAS DOWN BY 16.32% WEEK OVER WEEK
COALspot.com: The Freight market was steady week over a week except for Cape. The cape index was down 16.32 percent week over week. The Baltic ...


Friday, 07 April 17
INDONESIAN GOVERNMENT DECLARED SPOT COAL PRICES STAGE FIRST INCREASE OF THE YEAR
COALspot.com: Indonesian government declared coal benchmark price rose slightly in April, government data showed. The benchmark price of Indon ...


Friday, 07 April 17
U.S WEEKLY COAL OUTPUT ALMOST FLAT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.5 million short tons ...


Thursday, 06 April 17
PANAMAX: THE MARKET HAS CONTINUED THE FIRM SENTIMENT FROM LAST WEEK IN BOTH HEMISPHERES - FEARNLEYS
Supramax With holidays in Asia, the week has started very slow in Pacific. Some fixtures have still been done and levels have remained quite stab ...


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