Insight
| |
7 Pages

Metallurgical coal price spike: Will it last?


Metallurgical coal price spike: Will it last?

Report summary

Memories of the Queensland floods of 2010-11 have been rekindled the by the meteoric rise in metallurgical coal prices in August and September. Supply disruption due to Government policy, production mishaps and weather, have occurred in both China and Australia, whilst seasonal demand in China, and unexpected additional demand from India, have compounded the market tightness. Prices have spiked to around US$200/t in recent days. At such high prices the incentives are high for new supply, but production constraints, and reticence from some miners to re-enter the market after years of pain, will keep things tight in 2016.

What's included?

This report includes 2 file(s)

  • Metallurgical coal price spike: Will it last? PDF - 309.62 KB 7 Pages, 0 Tables, 3 Figures
  • Insight Met coal price spike will it last.xls XLS - 1.58 MB

Description

This Coal Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

Participants, suppliers and advisors can use it to look at the trends, risks and issues within the coal industry and gain an alternative point of view when making decisions.

Wood Mackenzie is the only coal industry service provider that offers a market outlook integrated with other sector analyses, including macroeconomics, coal supply, steel markets and gas and power markets.

Our coal analysts are based in the markets they analyse. They work with objective, proprietary data to help you maximise your current and future decision making. From market dynamics to trade patterns, we give you confidence in your strategic planning.

  • Introduction
    • Coking coal and Iron Ore price trends Dec 2015 to Sept 2016 (index: 1st Dec = 1)
  • Four reasons behind the massive price rises
    • Chinese metallurgical coal supply is critically short
      • Chinese metallurgical coal production 2015 and 2016
    • Demand in China and India has spiked
    • International suppliers have been unable to provide the additional coal
    • Buyer and seller behaviour has been extreme
  • Will it last?
    • HCC 2016 margins at US$200/t
  • So what does this all mean for prices?

In this report there are 3 tables or charts, including:

  • Introduction
    • Metallurgical coal price spike: Will it last?: Image 1
  • Four reasons behind the massive price rises
    • Metallurgical coal price spike: Will it last?: Image 2
  • Will it last?
    • Metallurgical coal price spike: Will it last?: Image 3
  • So what does this all mean for prices?
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...