Insight

Metallurgical coal quarterly price roundup Q1 2017: Early settlement protects sellers from falling spot prices

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

After the prolonged delays for Q4 2016 contracts the Q1 2017 negotiations were over in a flash. The extreme volatility and uncertainty as well as falling spot prices offered encouragement for both sides to agree terms early this time around. The US$285/t HCC price was the highest since Q4 2011 and was an Australian dollar record AUD385/t. Spot price falls accelerated after the settlement and were about US$100/t lower by 12th January as improved supply and weaker northern hemisphere demand undermined the price gains of Q4. The large differential between contract and spot prices has reignited debate about the validity of quarterly contracts and their long term survival. Spot prices should maintain a discount through 2017 as prices continue to trend down adding fuel to the discussion.

What's included

This report contains

  • Document

    insight metallurgical coal quarterly price settlement q1 2017.xls

    XLS 231.50 KB

  • Document

    Metallurgical coal quarterly price roundup Q1 2017: Early settlement protects sellers from falling spot prices

    PDF 267.91 KB

  • Document

    Metallurgical coal quarterly price roundup Q1 2017: Early settlement protects sellers from falling spot prices

    ZIP 390.02 KB

Table of contents

  • SSCC and PCI price differential to HCC at all time high
  • Buyers contracting with alternative sources
  • Contract versus spot argument heats up as price difference grows

Tables and charts

This report includes 1 images and tables including:

Tables

  • Quarterly and monthly prices for range of metallurgical coal brands delivered to Asia

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898