Insight
| |
4 Pages

Mid-volatile coking coal price settles higher than low-volatile


Mid-volatile coking coal price settles higher than low-volatile

Report summary

After protracted negotiations, the Q3 benchmark price for mid-volatile HCC surprised many and settled at US$92.50, higher than low-volatile. The LV price settled at US$92/t for German Creek. Mid-volatile brands have been in shorter supply than low-volatile coal recently. PCI was settled for US$75/t, an increase of US$2/t over the Q2 price. More significantly, this price is around US$6/t over the spot price, a function of an illiquid and weak spot trade, but reasonable demand outside China.

What's included?

This report includes 2 file(s)

  • Mid-volatile coking coal price settles higher than low-volatile PDF - 269.13 KB 4 Pages, 1 Tables, 0 Figures
  • insight metallurgical coal quarterly price settlement q3 2016.xls XLS - 229.50 KB

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.

  • Glencore settles first with NSSM
  • Anglo agreement not revealed until one week into Q3
  • Prices for other metallurgical coals to Asian markets
    • Quarterly and monthly prices for range of metallurgical coal brands delivered to Asia

In this report there is 1 table or chart, including:

  • Glencore settles first with NSSM
  • Anglo agreement not revealed until one week into Q3
  • Prices for other metallurgical coals to Asian markets
    • Mid-volatile coking coal price settles higher than low-volatile: Table 1
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?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.