Name: Global thermal coal short-term outlook February 2021: weaker demand pressures prices
Brand: Wood Mackenzie
SKU: 135567
Price: 5000 USD
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Author: Wood Mackenzie

Commodity Market Report 26 February 2021

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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The surge in Chinese seaborne demand that heated the market in December and January has subsided. Thereafter, seaborne coal prices promptly switched to a declining trend. Multiple supply disruptions could keep prices for most coal grades from slumping during the upcoming shoulder demand season. On the other hand, the surge in panamax freight rates in the second half of February will add more downward pressure on prices. Read this month's report for our latest market analysis. We are also pleased to introduce short monthly video briefings from our experts on the key market trends, available here.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        High/low scenarios
    </li>

<li class="list__item-toggle font-semibold">
        China – Seaborne imports stable despite price arbitrage closing
    </li>

<li class="list__item-toggle font-semibold">
        India – Many positive signs for import coal demand
    </li>

<li class="list__item-toggle font-semibold">
        South Korea – 3 GW new coal-fired units support import growth this year
    </li>

<li class="list__item-toggle font-semibold">
        Philippines – New coal power units will offset the impact of Mariveles’ accidental outage
    </li>

<li class="list__item-toggle font-semibold">
        Europe – Carbon policies continue to advance
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<li class="list__item-toggle font-semibold">
        Australia – Holding up as trade flows continue to evolve
    </li>

<li class="list__item-toggle font-semibold">
        Indonesia – China-bound cargoes surge
    </li>

<li class="list__item-toggle font-semibold">
        South Africa – Exports slump in January while Transnet plays catch up
    </li>

<li class="list__item-toggle font-semibold">
        Colombia – Cerrejon’s struggles continue
    </li>

<li class="list__item-toggle font-semibold">
        US – extreme weather supports domestic coal demand
    </li>

<li class="list__item-toggle font-semibold">
        Canada – Vista mine idled over regulatory delay
    </li>

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<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Low and high cases for Newcastle 6,000 kcal/kg at confidence intervals of 5%, 33%, 66% and 95% (US$/t)</li><li class="list__item push-quarter--bottom">China seaborne thermal coal imports by month, Mt</li><li class="list__item push-quarter--bottom">S.Korea generation capacity factor (2019-2020)</li>
     </ul>
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        <ul class="list list--bullets panel-toggle" id="4a8f4661df5842d2b4229319aad88cac">
            <li class="list__item push-quarter--bottom">S.Korea generation change, %YoY(2019-20)</li><li class="list__item push-quarter--bottom">Australia thermal coal exports (Mt, 2019-2020)</li><li class="list__item push-quarter--bottom">Australia thermal coal exports 2020 (Mt, annualised)</li><li class="list__item push-quarter--bottom">Indonesia coal exports to China (annualised)</li><li class="list__item push-quarter--bottom">Indonesia coal production and exports</li>
        </ul>
        
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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Thermal Coal Markets Short Term Outlook Data February 2021</p>
<p class="uppercase delta">
    <span>XLSX</span>
    <span>498.18 KB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Global thermal coal short-term outlook February 2021: weaker demand pressures prices</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>1.00 MB</span>
</p>
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