Commodity Market Report

Global thermal short-term outlook May 2023

Get this report*


You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Global seaborne thermal coal prices appear to be in a freefall since the start of May. The Newcastle benchmark price fell by over 14% in May compared to April and currently sits at US$147/t after starting the year at over US$400/t. Weak overall demand coupled with ample supplies triggered this unexpected decline in seaborne coal prices. The anticipation of additional fall in prices prompted many Asian buyers to employ the wait and watch strategy, adding further pressure to the prices. Do we expect any near-term recovery in prices, or will the collapse continue? View the report in the related downloads section for our full analysis and latest price forecast.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Global Thermal Coal Short Term Outlook May 2023.pdf

    PDF 1.49 MB