Insight
European coal prices: the shape of things to come
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Report summary
The shape of the European coal forward curve is puzzling the industry. What is in the mindset of European coal traders? What are they trading on and what factors lead to prices that we currently see in the US$44-45/t range on the forward curve. We interpret the latest delivered coal cost curve and assess where floors exist for European thermal coal.
What's included
This report contains
Table of contents
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Executive summary
- What has changed since November?
- What can we expect for 2016?
Tables and charts
This report includes 2 images and tables including:
Images
- Evolution of ARA delivered2 coal cost curve in 2015 US$/t
- 2016 delivered coal cost curve
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