Commodity Market Report
Global thermal short-term outlook February 2023
Report summary
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:
Other reports you may be interested in
02 March 2023
Global rare earths short-term outlook February 2023
Commodity Market Report
Global rare earths short-term outlook February 2023
Rare earth market short-term outlook for February 2023
$5,00028 February 2023
Global cobalt short-term outlook February 2023
Commodity Market Report
Global cobalt short-term outlook February 2023
Despite the downward trend over February, cobalt prices have bottomed out as restocking appetite picks up
$5,00006 March 2023
China coal short-term outlook February 2023
Commodity Market Report
China coal short-term outlook February 2023
Surging PMI in February exceeded expectations and injected hope into the market.
$5,000
