Commodity Market Report

Global thermal short-term outlook February 2023

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The Newcastle benchmark price appears to be in freefall, losing US$124/t over the past month declining by nearly 40%. Newcastle prices have reached US$195/t after starting the year at over US$400/t. However, prices were bound to eventually correct from the extreme highs seen last year. Prices were kept high over the last few months with coal supply disruptions and fears of an energy crisis over the winter in the Northern Hemisphere. Now that is changing, as coal supply recovers and winter comes to an end.

Table of contents

  • Note

Tables and charts

This report includes 2 images and tables including:

  • Key market data table
  • Key market prices

What's included

This report contains:

  • Document

    Global Thermal Coal Short Term Outlook February 2023.pdf

    PDF 1.31 MB

  • Document

    global-thermal-short-term-outlook-February-2023-data.xlsx

    XLSX 648.43 KB