Insight
Global coal supply summary: sustained higher prices push up cost and margin
Report summary
Persistent higher average coal prices in 2017 have put an end to a declining cost trend, which occurred from 2012 to 2016. We estimate a 9% year-on-year rise in total average cash costs for seaborne export thermal coal and an increase of 16% for metallurgical coal in 2017. This is driven by higher royalties, rising strip ratios and a rebound in diesel prices. Margins for seaborne exporters have also risen sharply in 2017. We estimate average thermal coal margins at US$21/tonne in 2017, increasing 63% on 2016. Metallurgical margins have more than doubled to US$82/tonne.
Table of contents
- Executive summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Shandong coal supply summary
A detailed analysis of the Shandong coal mines.
$2,550
Asset Report
Guizhou coal supply summary
A detailed analysis of the Guizhou coal mines.
$2,550
Asset Report
Inner Mongolia (East) coal supply summary
A detailed analysis of the Inner Mongolia (East) coal mines.
$2,550