Sample Coal Market Report


Coal Market Report

Friday, 24 July 2020
 
 
Daily Thermal Coal Indices
Product Week TD Daily % Ch Month TD Daily % Ch Best Index Bid Best Index Offer
NEWC 51.72-0.12 %52.13-0.02 %52.0051.00
DES ARA 50.380.06 %49.630.00 %50.0050.00
RB 54.30-0.33 %54.02-0.09 %51.0056.00

Daily Metallurgical Coal Indices
Product Week TD Daily % Ch Month TD Daily % Ch Best Index Bid Best Index Offer
HCCA 111.450.00 %117.490.00 %107.00117.90

Market Overview
A subdued ending to a quiet week saw physical markets again restricted to bids and offers. Paper markets saw values slip, with the Cal 21 API#2 contract shedding $0.50/t, though by comparison, the front end contracts only lost $0.10/t. As similar outcome was shared by oil markets, as front month Brent edged $0.13/bbl lower to sit at $43.18/bbl near close of play.

From the Asian Desk
The INDO 3800 NAR market values came up slightly during the week, with 1H Aug20 offered at $25.25/mt. In the index linked market, we have seen offer level at -$0.20/mt for the rest of the year. In the NEWC physical market, Sep20 was again best offered at $51.00/mt in 75kt ND. Oct20 was best bid at $52.00/mt in 25kt. The HA Aus 5500 market saw a slow week with selling interest for Aug20 seen at $37.50/mt . The Zhengzhou Commodity Exchange (ZCE) main contract 2009 increased by 7.0 CNY($1.00) to close at 557.8 CNY ($79.69) today.

From the Met Desk
The week ended quietly with buyers and sellers both uncertain about price direction in the absence of new activity. Paper ticked up a little for September to close at $120.0 today on the SGX.

globalCOAL Thermal Coal Trades this Week
  Product Expiry Price Volume Origin Delivery Point Add.Terms
20/Jul/2020Phys RB1Aug'20$ 53.7550,000   

globalCOAL Metallurgical Coal Trades this Week
  Product Expiry Price Volume Brand Delivery Point
No Trade

Recent Thermal Coal Indices
Weekly 26 Jun 03 Jul 10 Jul 17 Jul 24 Jul
NEWC51.1751.5852.7252.4851.72
DES ARA46.7848.9549.0050.2050.38
RB 49.8353.1053.3555.3354.30
globalCOAL Indices: Last 3 months (US$)
   NEWC    DES ARA  RB 
Monthly Feb 20 Mar 20 Apr 20 May 20 Jun 20
NEWC67.7966.5961.0552.4452.41
DES ARA48.9248.8346.7439.2245.91
RB82.9965.3557.8252.9854.69

Recent Metallurgical Coal Indices
Weekly 26 Jun 03 Jul 10 Jul 17 Jul 24 Jul
HCCA104.49111.51123.50123.50111.45
globalCOAL Indices: Last 3 months (US$)
   HCCA 
Monthly Feb 20 Mar 20 Apr 20 May 20 Jun 20
HCCA156.97162.14131.09119.21104.53


globalCOAL Weekly Thermal Indices: Last 12 months
   NEWC    DES ARA  RB 

globalCOAL Weekly Metallurgical Indices: Last 12 months
   HCCA 

Coal Forward Prices
Representing best bids / best offers on the globalCOAL Platform Between 00:00 and 18:00 Local London Time
 
 
  Phys NEWC Phys NEWC Index    
  Bid Offer Mid Bid Offer Mid Bid Offer Mid Bid Offer Mid
Sep'20-51.00-         
Oct'2052.0055.0053.50         
 
  Phys DES ARA Phys API#2 Index Phys ARA 5700 (DES)  
  Bid Offer Mid Bid Offer Mid Bid Offer Mid Bid Offer Mid
Aug'20-50.00--0.65-      
Sep'20-52.00-         
 
  Phys RB Phys RB Index Phys API#4 Index  
  Bid Offer Mid Bid Offer Mid Bid Offer Mid Bid Offer Mid
Aug'2048.25---7.00--      
Sep'2051.0056.0053.50-5.50--      
 
  Phys HA AUS 5500 Phys API#5 5500
(HA AUS)
Phys FOB INDO 3800 Phys FOB INDO 3800 Index
  Bid Offer Mid Bid Offer Mid Bid Offer Mid Bid Offer Mid
Aug'20      23.25--   
Sep'20      24.8526.1025.48-0.750.00-0.38
Oct'20      25.6527.1026.38-0.60-0.05-0.33
Nov'20         -0.60-0.05-0.33
Dec'20         -0.00-

globalCOAL 6000 Physical Curves: Fixed Price
 
  Phys NEWC Phys ARA (DES) Phys RB
Jul'2052.0048.5051.65
Aug'2048.7049.7053.20
Sep'2050.4050.4054.45
Oct'2052.4551.7556.30
Q3'2050.3549.5553.10
Q4'2054.8053.2557.10
Q1'2162.0555.9059.65
Q2'2165.0558.0062.10
CAL-2166.7559.0063.00
CAL-2272.1564.6068.55
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
Jul'200.00-1.00-2.45
Aug'20-4.50-1.00-2.95
Sep'20-4.50-1.60-2.25
Oct'20-4.50-1.25-1.20
Q3'20-3.00-1.20-2.55
Q4'20-3.50-1.00-1.00
Q1'21-0.75-0.75-0.50
Q2'21-0.25-0.500.00
CAL-21-0.25-0.500.00
CAL-220.000.000.00
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
Jul'2051.7552.2552.00-0.10
Aug'2052.9553.4553.20-0.40
Sep'2054.6555.1554.90-0.50
Oct'2056.7057.2056.95-0.40
Q3'2053.1053.6053.35-0.35
Q4'2058.0558.5558.30-0.40
Q1'2162.5563.0562.80-0.40
Q2'2165.0565.5565.30-0.25
CAL-2166.7567.2567.00-0.20
CAL-2271.9072.4072.15-0.20
gC NEWC Futures Curve (Mid-Point)
 Previous day 


Phys RB2 5700
 
  Bid Offer Mid Change
Jul'2046.7547.2547.00-0.15
Aug'2047.9048.4048.15-0.20
Sep'2048.4548.9548.70-0.60
Oct'2050.7551.2551.00-0.50
Q3'2047.7048.2047.95-0.30
Q4'2051.1051.6051.35-0.55
Q1'2155.4055.9055.65-0.75
Q2'2157.3557.8557.60-0.50
CAL-2158.2558.7558.50-0.40
CAL-2264.3064.8064.55-0.30
Phys RB2 5700(Mid-Point)
 Previous day 


Phys RB2 5700 Index (API#4)
 
  Bid Offer Mid Change
Jul'20-7.35-6.85-7.100.00
Aug'20-8.25-7.75-8.000.00
Sep'20-8.25-7.75-8.000.00
Oct'20-6.75-6.25-6.500.00
Q3'20-7.95-7.45-7.700.00
Q4'20-7.00-6.50-6.750.00
Q1'21-4.75-4.25-4.500.00
Q2'21-4.75-4.25-4.500.00
CAL-21-4.75-4.25-4.50-4.50
CAL-22-4.25-3.75-4.000.00
Phys RB2 5700 Index (API#4) (Mid-Point)
 Previous day 


Phys RB3 5500
 
  Bid Offer Mid Change
Jul'2040.1040.6040.35-0.15
Aug'2042.1042.6042.35-0.20
Sep'2043.2043.7043.45-0.60
Oct'2044.7545.2545.00-0.50
Q3'2041.8042.3042.05-0.30
Q4'2045.3545.8545.60-0.55
Q1'2147.4047.9047.65-0.75
Q2'2149.6050.1049.85-0.50
CAL-2150.2550.7550.50-0.40
CAL-2256.8057.3057.05-0.30
Phys RB3 5500 (Mid-Point)
 Previous day 


Phys RB3 5500 Index (API#4)
 
  Bid Offer Mid Change
Jul'20-14.00-13.50-13.750.00
Aug'20-14.05-13.55-13.800.00
Sep'20-13.50-13.00-13.250.00
Oct'20-12.75-12.25-12.500.00
Q3'20-13.85-13.35-13.600.00
Q4'20-12.75-12.25-12.500.00
Q1'21-12.75-12.25-12.500.00
Q2'21-12.50-12.00-12.250.00
CAL-21-12.75-12.25-12.50-12.50
CAL-22-11.75-11.25-11.500.00
Phys RB3 5500 Index (API#4) (Mid-Point)
 Previous day 

globalCOAL 5500 Physical Curves: Fixed Price
 
  Phys HA Aus Phys CFR Kemen/Liuheng
Jul'2036.0048.00
Aug'2036.5049.00
Sep'2039.0050.00
Oct'2040.0047.00
Q3'2037.7049.00
Q4'2042.0051.00
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
Jul'20-12.800.00
Aug'20-13.400.00
Sep'20-12.700.00
Oct'20-13.600.00
Q3'20-12.400.00
Q4'20-12.650.00
5500 Physical Curves: Index-Linked
   Phys NEWC Index HA Aus 5500  Phys Phys INDO 3800 Index
 Previous day 


globalCOAL 3800 Physical Curves: Fixed Price
 
  Phys INDO 3800
Jul'2023.25
Aug'2025.00
Sep'2027.30
Oct'2029.00
Q3'2025.20
Q4'2029.00
3800 Physical Curves: Fixed Price
     Phys INDO 3800
 Previous day 

globalCOAL Met Coal Curves: Fixed Price
 
  Phys HCCA Phys HCCA Branded Phys HCCLV
Jul'20101.00103.00111.00
Aug'20103.00105.00111.00
Sep'20105.50107.50112.50
Oct'20110.00112.00113.50
Met Coal Curves: Fixed Price
 Phys HCCA  Phys HCCA Branded  Phys HCCLV
 Previous day 


Freight Forward Prices
 
  RB - Rott Bol - Rott C5
  Bid Offer Mid Bid Offer Mid Bid Offer Mid
Jul 2011.5012.0011.758.008.308.15
Aug 209.609.909.757.007.307.15
Sep 209.609.909.757.207.507.35
Q1 207.007.507.255.105.405.25
Q3 2010.2010.6010.407.407.707.55
Q4 209.209.709.457.107.407.25
Source: SSY (Capesize Coal FFA Market Prices)


Energy Market Data
  Unit Price US$ / GJ Equiv US$ / MMBtu US$ / MWh Equiv
DES ARA (1)US$ / mt50.382.012.127.22
RB (1) + PM Freight RB-Rott (2)US$ / mt54.302.162.287.79
NBP Gas - Front Month (3)p / th13.481.641.735.89
TTF Gas PM (3)EUR / MWh5.000.610.642.18
ICE Gas Oil PM (3)US$ / mt374.388.718.9630.57
ICE Brent PM (3)US$ /barrel43.107.047.4325.36
UK Baseload Power PM (3) GBP / MWh29.9810.6611.2538.37
German Baseload Power PM (3)EUR / MWh30.239.7610.3035.15
EUA Spot (3)EUR / t26.59
View sources and notes

UK Clean Power Spread Prices
   UK Clean Dark Spread  UK Clean Spark Spread
 
View methodology

ICE Futures Oil and Gas Daily Settlement Prices PM
   PM NBP Gas Futures (p / th)    PM Brent Futures (US$ / barrel)

Terms and Conditions of Use
Please direct all questions and comments about information contained in this publication to globalCOAL (a division of Global Commodities Holdings Limited). All information shown above is indicative only. Where data is unavailable to globalCOAL, interpolation or judgement may have been used. Whilst globalCOAL and the other information providers noted above endeavour to provide accurate information, they do not represent or endorse the accuracy or reliability of any of the information contained herein and they cannot be held liable for any loss or damage howsoever arising from any use or reliance on the information contained herein. All indices produced by globalCOAL and the information providers comprise proprietary information of the producers and are protected by copyright and database rights. They can only be reproduced by globalCOAL Licensees, or with the prior written permission of Global Commodities Holdings Limited, or where applicable, the information provider.

Your subscription to this publication and the provision of the password to access www.globalcoal.com is strictly for the exclusive use of the single named individual notified to us. A condition of use is that you will not share or permit a password to be shared, you will not use or permit the use of group emails to access the report and you will not forward or permit to be forwarded the report to any third party. Should you breach a condition then our rights are reserved in relation to damages, including as to infringement of copyright.

If your company has not been acting in accordance with these terms and conditions, you voluntarily disclose misuse that no longer occurs and you engage meaningfully with us to acquire the appropriate licence, then our sole objective will be to build a long term commercial relationship with you. We will not seek damages from you for past misuse which has stopped immediately upon you becoming aware of our terms and conditions. We will take a less lenient approach with organisations whom we discover have been infringing our copyright, particularly if those organisations refuse to stop the infringing activity and/or refuse to engage with us.

Where this communication has effect in the UK, it is issued by Global Commodities Holdings Limited (the Company), which is authorised and regulated by the Financial Conduct Authority (FCA). The designated investments or investment services detailed are only directed to Eligible Counterparties and Professional Customers as defined by the FCA. Any other persons, such as private customers, should not rely on this document. If you have any doubt, contact your financial adviser. Global Commodities Holdings Limited's Scope of Permissions under the Financial Services and Markets Act 2000 prohibits the Company from holding any positions in any of the designated investments it arranges on behalf of its clients. The Company's directors, employees and affiliates are not permitted to conduct any transactions for their own account where a conflict or potential conflict of interest may occur without prior approval of the Company. The Company may be providing and may have provided, within the previous 12 months, significant investment services in respect of any designated investments or related investments mentioned in this communication. Please note that telephone conversations with Global Commodities Holdings Limited may be recorded.

To stop receiving the Coal Market Report by email, simply unsubscribe