Global metallurgical coal long-term outlook H1 2017: Supply growth pressuring prices
With Australian mines returning after the recent cyclone and other global producers expanding, prices should fall in the near term. But, Nippon Steel’s switch to index-based pricing for quarterly contracts will add some uncertainties, while China’s policy efforts to allow producers to pay back debt will hold LV prices somewhat over marginal costs, averaging US$115/t FOB between 2019 and 2022. India is the key driver to long-term demand growth, which will elevate prices to US$128/t by 2035.
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This report can also help you make informed strategic planning and investment decisions by allowing you to:
Identify global trade patterns in metallurgical coal
Gain a thorough understanding of coal market dynamics, including revenue and demand
Understand the risks to metallurgical coal from geopolitical and regulatory developments
Discover India's role in long-term demand growth, and how investment can keep prices high
Our objective analysis is based on proprietary data from regional experts who work across sectors to generate cross-commodity, macroeconomic market view for every topic they explore.
This report is based on data and insights from coal analysts local to the markets they study. It includes:
Metallurgical coal price data, plus high and low case models
The effects of Chinese policy and natural disasters on pricing and supplier diversity
Global metallurgical coal supply and Chinese domestic demand
Risks to the market, including global regulation and trends toward low-carbon energy