Commodity Market Report
Global thermal coal short-term outlook October 2024
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Global thermal coal markets over October produced prices that inspired little shock - good or bad, depending on your position at the negotiation table. Despite traditional restocking for northern hemisphere winter, spot prices for incremental cargoes traded within a narrow band for both high and low CV coals. Interestingly, the price for Newcastle 6000 spot cargoes remains particularly sticky. China's strong appetite for import coals continued unabated as the domestic/import price arbitrage remained open. Domestic demand remains weak while there has been little cause for Chinese supply to ramp up. Markets are in stalemate as both sides of the spot deal refuse to pay higher or sell lower as demand conditions evolve including the severity of winter conditions, gas dynamics and the extent of India's post monsoon return.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Global coal M&A 2025: falls to its lowest point
The collapse of Peabody's acquisition of Anglo American's steelmaking coal business dominated a year of minimal deal activity
$1,100
Asset Report
Alpha Metallurgical Resources - Appalachia coal mines
A detailed analysis of Alpha Metallurgical Resources' coal mines.
$2,550
Asset Report
Arch Resources Powder River Basin coal mines
A detailed analysis of the Arch - Powder River Basin coal mines.
$2,550
