Insight
| |
4 Pages

Tohoku Electric to pay 13% premium for thermal coal contracts


Tohoku Electric to pay 13% premium for thermal coal contracts

Report summary

Tohoku Electric settled thermal coal contract price for October 2015 to September 2016 delivery with Glencore at US$64.60/t FOB Newcastle (6,322 kcal/kg, gross as-received).  While the price is substantially lower than October 2014 term price of US$73.85/t, it is at 13% premium over the prevailing Newcastle spot price. In Australian dollars terms, the settlement indicates a 9% premium over last October.

What's included?

This report includes 2 file(s)

  • Tohoku Electric to pay 13% premium for thermal coal contracts PDF - 297.88 KB 4 Pages, 0 Tables, 3 Figures
  • Data.xls XLS - 131.00 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.

  • Executive summary
  • What drives the premium – product consistency, supply security and price stability
  • What does the settlement mean for producer margins?
  • Conclusion

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

  • Executive summary
  • What drives the premium – product consistency, supply security and price stability
    • JPU premium - term price vs. Newcastle spot (US$/t)
    • Newcastle spot price (US$/t vs A$/t)
  • What does the settlement mean for producer margins?
    • 2015 JPU-type thermal coal cost curve (US$/t)
  • Conclusion
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...