Tohoku Electric to pay 13% premium for thermal coal contracts

This report is currently unavailable

This report is currently unavailable

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

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 contains

  • Document

    Tohoku Electric to pay 13% premium for thermal coal contracts

    PDF 297.88 KB

Table of contents

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

Tables and charts

This report includes 3 images and tables including:


  • JPU premium - term price vs. Newcastle spot (US$/t)
  • Newcastle spot price (US$/t vs A$/t)
  • 2015 JPU-type thermal coal cost curve (US$/t)

Questions about this report?

  • Europe:
    +44 131 243 4400
  • Americas:
    +1 713 470 1600
  • Asia Pacific:
    +65 6518 0800