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The mood at the recently concluded Coaltrans World conference at Copenhagen was overwhelmingly bearish on thermal coal prices. We met with over 40 market participants, and few if any had a strong rationale for increasing prices either in the Pacific, or in Europe. With continued pressures on the cost curve, we see further scope for pricing floors at different levels: expect to see some near term price shocks in the US$60/t range for ARA in the upcoming months.
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Testing price floors in the European thermal coal market PDF - 327.78 KB 3 Pages, 0 Tables, 1 Figures
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This Coal Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
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Insight | Oct 2014
Testing price floors in the European thermal coal market
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