Sample Coal Market Report
Coal Market Report
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Daily Thermal Coal Indices
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| Product |
Week TD |
Daily % Ch |
Month TD |
Daily % Ch |
Best Qualifying Index Bid |
Best Qualifying Index Offer |
| NEWC | 126.77 | -0.77 % | 130.27 | -0.25 % | 125.00 | 125.50 |
| DES ARA | 113.50 | 0.00 % | 113.50 | 0.00 % | 108.00 | 119.00 |
| RB | 96.20 | -0.31 % | 103.70 | -0.10 % | 94.00 | 96.00 |
| Market Overview |
| We reverted to the Phys Newc hub providing todays trades, with the Feb trading in Asian hours, detailed below, followed in London hours with an April clip going through at $125.00/t. Paper markets suffered losses across all products, with front end API#2 down by $3.00/t, while the same part of the API#4 curve lost $2.00/t. The wider energy scene also posted losses across the board, with front month Brent sliding $0.25/bbl lower to close the week around $78.85/bbl. |
| From the Asian Desk |
| The Phys Newc market saw a 25kt clip of Feb concluded on screen today at $125.25/mt EFP basis. The Indo 3800NAR market heard a bid at $58/mt for prompt end Jan loading panamax. In the Australian HA 5500NAR market, a bid was heard at mid $90s level for a February loading panamax. |
| From the Met Desk |
| The Feb HCCA Branded offer of yesterday returned to the screen today at $334.0, and despite the price of said cargo improving by $3.0 from yesterday, the offer couldn't manage to draw in screen bids. |
|
globalCOAL Thermal Coal Trades this Week
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| |
Product |
Expiry |
Price |
Volume |
Origin |
Delivery Point |
Add.Terms |
| 16/Jan/2024 | Phys NEWC (FOB Newcastle) | Feb'24 | $ 126.00 | 25,000 | | | EFP |
| 16/Jan/2024 | Phys NEWC Index (FOB Newcastle) | Q3'24 | $ 1.50 | 75,000 | | | |
| 17/Jan/2024 | Phys NEWC Index (FOB Newcastle) | Mar'24 | $ 3.50 | 25,000 | | | |
| 17/Jan/2024 | Phys NEWC (FOB Newcastle) | Mar'24 | $ 129.75 | 25,000 | | | |
| 18/Jan/2024 | Phys API#4 Index (FOB RB1) | Mar'24 | -$ 0.10 | 50,000 | | | |
| 19/Jan/2024 | Phys NEWC (FOB Newcastle) | Feb'24 | $ 125.25 | 25,000 | | | EFP |
| 19/Jan/2024 | Phys NEWC (FOB Newcastle) | Apr'24 | $ 125.00 | 25,000 | | | |
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globalCOAL Metallurgical Coal Trades this Week
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| |
Product |
Expiry |
Price |
Volume |
Brand / Opt |
| No Trade |
Note: For product Phys Met Index Linked % (FOB Aus) the 'Price' displayed is a percentage of index value, not a US$ value
| Recent Thermal Coal Indices |
| Weekly | 22 Dec | 29 Dec | 05 Jan | 12 Jan | 19 Jan |
| NEWC | 149.13 | 148.96 | 131.99 | 132.06 | 126.77 | | DES ARA | 113.50 | 113.50 | 113.50 | 113.50 | 113.50 | | RB | 114.00 | 114.00 | 114.00 | 100.90 | 96.20 |
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| globalCOAL Indices: Last 3 months (US$) |
|
| |
 NEWC |
 DES ARA |
 RB |
|
| Monthly | Aug 23 | Sep 23 | Oct 23 | Nov 23 | Dec 23 |
| NEWC | 149.41 | 159.33 | 135.42 | 122.16 | 146.84 | | DES ARA | 110.75 | 113.50 | 113.50 | 113.50 | 113.50 | | RB | 113.06 | 126.63 | 126.56 | 118.18 | 114.00 |
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| globalCOAL Weekly Thermal Indices: Last 12 months |
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| |
NEWC |
DES ARA |
RB |
| globalCOAL Weekly Metallurgical Indices: Last 12 months |
|
| |
HCCA |
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Coal Forward Prices
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Representing best bids / best offers on the globalCOAL Platform Between 00:00 and 18:00 Local London Time
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|
|
| |
|
| | Phys NEWC | Phys NEWC Index | | |
|---|
| | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid |
|---|
| Feb'24 | - | 125.25 | - | - | 2.25 | - | | | | | | |
| Mar'24 | 124.00 | - | - | 0.50 | - | - | | | | | | |
| Apr'24 | 125.00 | 126.50 | 125.75 | 0.50 | 6.00 | 3.25 | | | | | | |
| May'24 | 125.00 | - | - | 1.25 | 7.25 | 4.25 | | | | | | |
| Q3'24 | | | | 0.50 | 2.50 | 1.50 | | | | | | |
| |
|
| | Phys DES ARA | Phys API#2 Index | Phys ARA 5700 (DES) | |
|---|
| | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid |
|---|
| Feb'24 | - | 103.50 | - | | | | | | | | | |
| Mar'24 | - | 112.00 | - | | | | | | | | | |
| |
|
| | Phys RB | Phys RB Index | Phys API#4 Index | |
|---|
| | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid |
|---|
| Feb'24 | 89.00 | - | - | | | | | | | | | |
| Mar'24 | 94.00 | 96.00 | 95.00 | | | | | | | | | |
| Q4'22 | | | | | | | - | 18.00 | - | | | |
| |
|
| | Phys RB4 4800
(FOB RBCT) | Phys RB Index
(RB4 4800) | Phys API#4 Index
(RB4 4800) | |
|---|
| | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid |
|---|
| Mar'24 | - | 68.00 | - | | | | | | | | | |
| |
|
| | Phys HCCA (FOB Aus) | Phys HCCA Branded
(FOB Aus) | Phys HCCLV | PCIA |
|---|
| | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid | Bid | Offer | Mid |
|---|
| Feb'24 | | | | - | 334.00 | - | | | | | | |
| globalCOAL 6000 Physical Curves: Fixed Price |
| |
| |
Phys NEWC |
Phys ARA (DES) |
Phys RB |
| Jan'24 | 128.00 | 109.00 | 96.50 | | Feb'24 | 122.00 | 98.50 | 93.70 | | Mar'24 | 122.00 | 95.65 | 93.60 | | Apr'24 | 122.50 | 94.25 | 93.85 | | Q1'24 | 124.00 | 101.05 | 94.60 | | Q2'24 | 121.75 | 93.25 | 94.25 | | Q3'24 | 122.75 | 94.65 | 95.50 | | Q4'24 | 125.30 | 97.65 | 96.85 | | CAL-24 | 123.45 | 96.65 | 95.30 | | CAL-25 | 121.25 | 98.60 | 95.25 |
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| 6000 Physical Curves: Fixed Price |
|
| |
Phys NEWC |
Phys ARA (DES) |
Phys RB1 |
 Previous day |
|
| globalCOAL 6000 Physical Curves: Index-Linked |
| |
| |
Phys NEWC Index |
Phys API#2 Index (DES) |
Phys gC RB Index |
| Jan'24 | 0.00 | 3.00 | 0.50 | | Feb'24 | 0.00 | 2.50 | -1.30 | | Mar'24 | 3.75 | 2.75 | -0.10 | | Apr'24 | 4.00 | 2.50 | 0.00 | | Q1'24 | 1.25 | 2.75 | -0.30 | | Q2'24 | 3.00 | 2.50 | 0.25 | | Q3'24 | 2.25 | 2.50 | 0.50 | | Q4'24 | 1.50 | 2.25 | 0.75 | | CAL-24 | 2.00 | 2.50 | 0.30 | | CAL-25 | 1.25 | 2.25 | 0.75 |
|
| 6000 Physical Curves: Index-Linked |
|
| |
Phys NEWC Index |
Phys API2# Index (DES) |
Phys gC RB Index |
| Previous day |
|
| gC NEWC Futures Curve |
| |
| |
Bid |
Offer |
Mid |
Change |
| Jan'24 | 127.75 | 128.25 | 128.00 | -1.00 | | Feb'24 | 121.75 | 122.25 | 122.00 | -3.50 | | Mar'24 | 118.00 | 118.50 | 118.25 | -4.20 | | Apr'24 | 118.25 | 118.75 | 118.50 | -4.25 | | Q1'24 | 122.50 | 123.00 | 122.75 | -2.90 | | Q2'24 | 118.50 | 119.00 | 118.75 | -4.25 | | Q3'24 | 120.25 | 120.75 | 120.50 | -5.00 | | Q4'24 | 123.55 | 124.05 | 123.80 | -5.05 | | CAL-24 | 121.20 | 121.70 | 121.45 | -4.30 | | CAL-25 | 119.75 | 120.25 | 120.00 | -4.25 |
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| gC NEWC Futures Curve (Mid-Point) |
|
| Previous day |
|
| Phys RB2 5700 |
| |
| |
Bid |
Offer |
Mid |
Change |
| Jan'24 | 92.50 | 93.00 | 92.75 | 0.00 | | Feb'24 | 90.75 | 91.25 | 91.00 | -2.00 | | Mar'24 | 89.45 | 89.95 | 89.70 | -3.25 | | Apr'24 | 89.60 | 90.10 | 89.85 | -2.40 | | Q1'24 | 90.90 | 91.40 | 91.15 | -1.75 | | Q2'24 | 89.75 | 90.25 | 90.00 | -1.60 | | Q3'24 | 90.75 | 91.25 | 91.00 | -1.60 | | Q4'24 | 91.85 | 92.35 | 92.10 | -1.45 | | CAL-24 | 90.80 | 91.30 | 91.05 | -1.60 | | CAL-25 | 90.50 | 91.00 | 90.75 | -1.60 |
|
| Phys RB2 5700(Mid-Point) |
|
| Previous day |
|
| Phys RB2 5700 Index (API#4) |
| |
| |
Bid |
Offer |
Mid |
Change |
| Jan'24 | -3.50 | -3.00 | -3.25 | 0.00 | | Feb'24 | -4.25 | -3.75 | -4.00 | 0.00 | | Mar'24 | -4.25 | -3.75 | -4.00 | 0.00 | | Apr'24 | -4.25 | -3.75 | -4.00 | 0.00 | | Q1'24 | -4.00 | -3.50 | -3.75 | 0.00 | | Q2'24 | -4.25 | -3.75 | -4.00 | 0.00 | | Q3'24 | -4.25 | -3.75 | -4.00 | 0.00 | | Q4'24 | -4.25 | -3.75 | -4.00 | 0.00 | | CAL-24 | -4.20 | -3.70 | -3.95 | 0.00 | | CAL-25 | -4.00 | -3.50 | -3.75 | 0.00 |
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| Phys RB2 5700 Index (API#4) (Mid-Point) |
|
| Previous day |
|
| Phys RB3 5500 |
| |
| |
Bid |
Offer |
Mid |
Change |
| Jan'24 | 81.79 | 82.29 | 82.04 | 0.00 | | Feb'24 | 80.65 | 81.15 | 80.90 | -1.83 | | Mar'24 | 79.23 | 79.73 | 79.48 | -2.97 | | Apr'24 | 79.36 | 79.86 | 79.61 | -2.20 | | Q1'24 | 80.55 | 81.05 | 80.80 | -1.61 | | Q2'24 | 79.50 | 80.00 | 79.75 | -1.47 | | Q3'24 | 80.42 | 80.92 | 80.67 | -1.46 | | Q4'24 | 81.56 | 82.06 | 81.81 | -1.33 | | CAL-24 | 80.51 | 81.01 | 80.76 | -1.47 | | CAL-25 | 80.19 | 80.69 | 80.44 | -1.46 |
|
| Phys RB3 5500 (Mid-Point) |
|
| Previous day |
|
| Phys RB3 5500 Index (API#4) |
| |
| |
Bid |
Offer |
Mid |
Change |
| Jan'24 | -6.75 | -6.25 | -6.50 | 0.00 | | Feb'24 | -7.00 | -6.50 | -6.75 | 0.00 | | Mar'24 | -7.25 | -6.75 | -7.00 | 0.00 | | Apr'24 | -7.25 | -6.75 | -7.00 | 0.00 | | Q1'24 | -7.00 | -6.50 | -6.75 | 0.00 | | Q2'24 | -7.25 | -6.75 | -7.00 | 0.00 | | Q3'24 | -7.25 | -6.75 | -7.00 | 0.00 | | Q4'24 | -7.10 | -6.60 | -6.85 | 0.00 | | CAL-24 | -7.15 | -6.65 | -6.90 | 0.00 | | CAL-25 | -7.00 | -6.50 | -6.75 | 0.00 |
|
| Phys RB3 5500 Index (API#4) (Mid-Point) |
|
| Previous day |
|
| Phys RB4 4800 |
| |
| |
Bid |
Offer |
Mid |
Change |
| Jan'24 | 66.15 | 66.65 | 66.40 | 0.00 | | Feb'24 | 65.15 | 65.65 | 65.40 | -1.60 | | Mar'24 | 63.91 | 64.41 | 64.16 | -2.60 | | Apr'24 | 64.03 | 64.53 | 64.28 | -1.92 | | Q1'24 | 65.07 | 65.57 | 65.32 | -1.40 | | Q2'24 | 64.27 | 64.77 | 64.52 | -1.28 | | Q3'24 | 65.35 | 65.85 | 65.60 | -1.28 | | Q4'24 | 66.23 | 66.73 | 66.48 | -1.16 | | CAL-24 | 65.23 | 65.73 | 65.48 | -1.28 | | CAL-25 | 65.15 | 65.65 | 65.40 | -1.28 |
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| Phys RB4 4800 (Mid-Point) |
|
| Previous day |
|
| Phys RB4 4800 Index (API#4) |
| |
| |
Bid |
Offer |
Mid |
Change |
| Jan'24 | -13.25 | -12.75 | -13.00 | 0.00 | | Feb'24 | -13.50 | -13.00 | -13.25 | 0.00 | | Mar'24 | -13.75 | -13.25 | -13.50 | 0.00 | | Apr'24 | -13.75 | -13.25 | -13.50 | 0.00 | | Q1'24 | -13.50 | -13.00 | -13.25 | 0.00 | | Q2'24 | -13.60 | -13.10 | -13.35 | 0.00 | | Q3'24 | -13.25 | -12.75 | -13.00 | 0.00 | | Q4'24 | -13.25 | -12.75 | -13.00 | 0.00 | | CAL-24 | -13.40 | -12.90 | -13.15 | 0.00 | | CAL-25 | -13.00 | -12.50 | -12.75 | 0.00 |
|
| Phys RB4 4800 Index (API#4) (Mid-Point) |
|
| Previous day |
|
| globalCOAL 5500 Physical Curves: Fixed Price |
| |
| |
Phys HA Aus |
Phys CFR Kemen/Liuheng |
| Jan'24 | 94.00 | 150.00 | | Feb'24 | 94.00 | 150.00 | | Mar'24 | 94.00 | 150.00 | | Apr'24 | 93.00 | 150.00 | | Q1'24 | 94.00 | 150.00 | | Q2'24 | 92.00 | 150.00 |
|
| 5500 Physical Curves: Fixed Price |
|
| |
|
Phys HA Aus |
Phys CFR Kemen/Liuheng |
| Previous day |
|
| globalCOAL Low CV Physical Curves Index-Linked |
| |
| |
Phys NEWC Index HA Aus 5500 |
Phys INDO 3800 Index |
| Jan'24 | -26.20 | 1.00 | | Feb'24 | -22.70 | 1.00 | | Mar'24 | -19.95 | 1.00 | | Apr'24 | -21.00 | 1.00 | | Q1'24 | -22.95 | 1.00 | | Q2'24 | -22.60 | 1.00 |
|
| 5500 Physical Curves: Index-Linked |
|
| |
Phys NEWC Index HA Aus 5500 |
Phys Phys INDO 3800 Index |
| Previous day |
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| globalCOAL 3800 Physical Curves: Fixed Price |
| |
| |
Phys INDO 3800 |
| Jan'24 | 57.00 | | Feb'24 | 57.00 | | Mar'24 | 56.25 | | Apr'24 | 56.00 | | Q1'24 | 56.75 | | Q2'24 | 55.50 |
|
| 3800 Physical Curves: Fixed Price |
|
| |
|
Phys INDO 3800 |
| Previous day |
|
| globalCOAL Met Coal Curves: Fixed Price |
| |
| |
HCCA |
HCCA Branded |
HCCLV |
PCIA |
| Jan'24 | 332.00 | 333.00 | 330.00 | - | | Feb'24 | 332.00 | 333.00 | 330.00 | - | | Mar'24 | 327.00 | 328.00 | 325.00 | - | | Apr'24 | 322.00 | 323.00 | 320.00 | - |
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| Met Coal Curves: Fixed Price |
|
| HCCA |
HCCA Branded |
HCCLV |
 PCIA |
| Previous day |
|
|
Freight Forward Prices
|
|
|
| |
Bol - Rott |
C5 |
| |
Bid |
Offer |
Mid |
Bid |
Offer |
Mid |
| Feb 24 | 9.75 | 10.25 | 10.00 | 7.80 | 8.10 | 7.95 |
| Jan 24 | 13.00 | 13.50 | 13.25 | 8.65 | 8.90 | 8.78 |
| Mar 24 | 10.50 | 11.00 | 10.75 | 8.80 | 9.10 | 8.95 |
| Q2 24 | 11.50 | 12.00 | 11.75 | 9.00 | 9.30 | 9.15 |
| Q1 24 | 11.10 | 11.60 | 11.35 | 8.40 | 8.70 | 8.55 |
| Q3 24 | 12.75 | 13.25 | 13.00 | 8.70 | 9.00 | 8.85 |
| Q4 24 | 12.75 | 13.25 | 13.00 | 8.70 | 9.00 | 8.85 |
| Source: SSY (Capesize Coal FFA Market Prices) |
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Energy Market Data
|
| |
Unit |
Price |
US$ / GJ Equiv |
US$ / MMBtu |
US$ / MWh Equiv |
| DES ARA (1) | US$ / mt | 113.50 | 4.52 | 4.77 | 16.28 |
| RB (1) + PM Freight RB-Rott (2) | US$ / mt | 96.20 | 3.83 | 4.04 | 13.79 |
| NBP Gas - Front Month (3) | p / th | 69.67 | 8.39 | 8.85 | 30.20 |
| TTF Gas PM (3) | EUR / MWh | 28.27 | 3.40 | 3.59 | 12.25 |
| ICE Gas Oil PM (3) | US$ / mt | 801.75 | 18.65 | 19.18 | 65.46 |
| ICE Brent PM (3) | US$ /barrel | 79.39 | 12.97 | 13.69 | 46.72 |
| UK Baseload Power PM (3) | GBP / MWh | 67.75 | 23.90 | 25.22 | 86.04 |
| German Baseload Power PM (3) | EUR / MWh | 73.78 | 22.28 | 23.50 | 80.20 |
| EUA Spot (3) | EUR / t | 63.25 | | | |
| View sources and notes |
| UK Clean Power Spread Prices |
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| |
UK Clean Dark Spread |
UK Clean Spark Spread |
| |
| View methodology |
| ICE Futures Oil and Gas Daily Settlement Prices PM |
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| |
PM NBP Gas Futures (p / th) |
PM Brent Futures (US$ / barrel) |
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