Sample Coal Market Report


Coal Market Report
Friday, 22 December 2023       
 
 
Daily Thermal Coal Indices
Product Week TD Daily % Ch Month TD Daily % Ch Best Qualifying Index Bid Best Qualifying Index Offer
NEWC 149.130.70 %146.310.18 %162.00144.50
DES ARA 113.500.00 %113.500.00 %108.00119.00
RB 114.000.00 %114.000.00 %109.00119.00


Market Overview
*GlobalCOAL would like to thank you for your ongoing support and wish all of you a very merry Christmas and a happy and prosperous 2025* Coal markets ended a seasonally quiet week with minor losses across the three main indices. Futures lost a $1 in early trading and continued to grind lower through the session, leaving the Q1'24 API2 contract off by $1.75 at $101.75/mt (just $1.25 down from last Friday). Physical markets were similarly unremarkable with no trades to report but with NEWC bids proving resilient in the face of general weakness in the Atlantic basin. Elsewhere, European gas, power, carbon and oil prices all posted marginal gains with front month Brent adding $0.60 to sit at c.$80.00/bbl near close of play.

From the Asian Desk
With the long Christmas holiday coming up, the Phys Newc market saw muted activity with no trades concluded on screen today. Best bids on screen for 25kts of Feb'24 and Mar'24 were $134/mt and $135/mt respectively. Demand in the Indo 3800NAR market also remained tepid, with no trades heard concluded.

From the Met Desk
A pair of HCCA Branded Goonyella bids for Jan cargo lit up the physicals trading screen today, at $327.0 and $326.0 in 40kts, in the last trading session of the week just before the start of the christmas break. It was quiet on the offer side, despite higher bidding activity at higher value for HCCA.

globalCOAL Thermal Coal Trades this Week
  Product Expiry Price Volume Origin Delivery Point Add.Terms
No Trade

globalCOAL Metallurgical Coal Trades this Week
  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 24 Nov 01 Dec 08 Dec 15 Dec 22 Dec
NEWC121.49129.73149.36157.01149.13
DES ARA113.50113.50113.50113.50113.50
RB 112.20114.00114.00114.00114.00
globalCOAL Indices: Last 3 months (US$)
   NEWC    DES ARA  RB 
Monthly Jul 23 Aug 23 Sep 23 Oct 23 Nov 23
NEWC134.71149.41159.33135.42122.16
DES ARA100.13110.75113.50113.50113.50
RB96.60113.06126.63126.56118.18


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
Jan'24162.00--         
Feb'24135.00144.50139.751.255.753.50      
Mar'24139.00--1.855.503.67      
Apr'24   0.005.002.50      
Q2'24   1.004.252.63      
 
  Phys DES ARA Phys API#2 Index Phys ARA 5700 (DES)  
  Bid Offer Mid Bid Offer Mid Bid Offer Mid Bid Offer Mid
Jan'24-115.00-         
 
  Phys RB Phys RB Index Phys API#4 Index  
  Bid Offer Mid Bid Offer Mid Bid Offer Mid Bid Offer Mid
Q4'22      -18.00-   
 
  Phys HCCA (FOB Aus) Phys HCCA Branded
(FOB Aus)
Phys HCCLV PCIA
  Bid Offer Mid Bid Offer Mid Bid Offer Mid Bid Offer Mid
Jan'24   327.00--      

globalCOAL 6000 Physical Curves: Fixed Price
 
  Phys NEWC Phys ARA (DES) Phys RB
Dec'23145.00116.00100.00
Jan'24161.00109.7599.25
Feb'24139.25104.7598.90
Mar'24138.50102.7598.55
Q1'24146.25105.7598.90
Q2'24133.1598.2597.90
Q3'24135.6097.7599.90
Q4'24138.60100.60101.65
CAL-24138.40100.6099.60
CAL-25135.7599.75101.75
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
Dec'230.000.50-1.50
Jan'2421.004.25-1.75
Feb'243.253.50-1.50
Mar'243.502.75-1.25
Q1'249.253.50-1.50
Q2'241.352.500.00
Q3'240.002.500.50
Q4'240.002.250.75
CAL-242.652.70-0.05
CAL-251.252.250.75
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
Dec'23144.75145.25145.000.00
Jan'24139.75140.25140.00-1.00
Feb'24135.75136.25136.00-0.75
Mar'24134.75135.25135.00-0.75
Q1'24136.75137.25137.00-0.85
Q2'24131.55132.05131.80-0.90
Q3'24135.35135.85135.60-0.10
Q4'24138.35138.85138.60-0.10
CAL-24135.50136.00135.75-0.50
CAL-25134.25134.75134.50-0.75
gC NEWC Futures Curve (Mid-Point)
 Previous day 


Phys RB2 5700
 
  Bid Offer Mid Change
Dec'2396.7597.2597.000.00
Jan'2496.2596.7596.500.00
Feb'2495.9096.4096.15-0.10
Mar'2495.5596.0595.80-0.20
Q1'2495.9096.4096.15-0.10
Q2'2493.6594.1593.90-0.10
Q3'2495.1595.6595.400.20
Q4'2496.6597.1596.900.45
CAL-2495.3595.8595.600.10
CAL-2597.0097.5097.250.25
Phys RB2 5700(Mid-Point)
 Previous day 


Phys RB2 5700 Index (API#4)
 
  Bid Offer Mid Change
Dec'23-4.75-4.25-4.500.00
Jan'24-4.75-4.25-4.500.50
Feb'24-4.50-4.00-4.250.50
Mar'24-4.25-3.75-4.000.50
Q1'24-4.50-4.00-4.250.50
Q2'24-4.25-3.75-4.000.50
Q3'24-4.25-3.75-4.000.50
Q4'24-4.25-3.75-4.000.25
CAL-24-4.30-3.80-4.050.45
CAL-25-4.00-3.50-3.750.25
Phys RB2 5700 Index (API#4) (Mid-Point)
 Previous day 


Phys RB3 5500
 
  Bid Offer Mid Change
Dec'2386.3886.8886.63-0.68
Jan'2485.9286.4286.17-0.68
Feb'2485.6086.1085.85-0.78
Mar'2485.2885.7885.53-0.87
Q1'2485.6086.1085.85-0.78
Q2'2483.5384.0383.78-1.01
Q3'2484.9185.4185.16-0.73
Q4'2486.5187.0186.76-0.51
CAL-2485.1485.6485.39-0.78
CAL-2586.8387.3387.08-0.46
Phys RB3 5500 (Mid-Point)
 Previous day 


Phys RB3 5500 Index (API#4)
 
  Bid Offer Mid Change
Dec'23-7.25-6.75-7.00-0.75
Jan'24-7.25-6.75-7.00-0.25
Feb'24-7.00-6.50-6.75-0.25
Mar'24-6.75-6.25-6.50-0.25
Q1'24-7.00-6.50-6.75-0.25
Q2'24-6.75-6.25-6.50-0.50
Q3'24-6.75-6.25-6.50-0.50
Q4'24-6.50-6.00-6.25-0.75
CAL-24-6.75-6.25-6.50-0.50
CAL-25-6.25-5.75-6.00-0.50
Phys RB3 5500 Index (API#4) (Mid-Point)
 Previous day 


Phys RB4 4800
 
  Bid Offer Mid Change
Dec'2368.9569.4569.200.80
Jan'2468.7569.2569.001.00
Feb'2468.4768.9768.720.92
Mar'2468.1968.6968.440.84
Q1'2468.4768.9768.720.92
Q2'2466.6767.1766.920.72
Q3'2467.8768.3768.120.96
Q4'2469.2769.7769.521.16
CAL-2468.0768.5768.320.92
CAL-2569.5570.0569.801.00
Phys RB4 4800 (Mid-Point)
 Previous day 


Phys RB4 4800 Index (API#4)
 
  Bid Offer Mid Change
Dec'23-15.25-14.75-15.001.00
Jan'24-15.00-14.50-14.751.75
Feb'24-14.75-14.25-14.501.75
Mar'24-14.50-14.00-14.251.75
Q1'24-14.75-14.25-14.501.75
Q2'24-14.50-14.00-14.251.50
Q3'24-14.50-14.00-14.251.50
Q4'24-14.25-13.75-14.001.25
CAL-24-14.50-14.00-14.251.50
CAL-25-14.00-13.50-13.751.25
Phys RB4 4800 Index (API#4) (Mid-Point)
 Previous day 

globalCOAL 5500 Physical Curves: Fixed Price
 
  Phys HA Aus Phys CFR Kemen/Liuheng
Dec'2395.00150.00
Jan'2493.00150.00
Feb'2492.00150.00
Mar'2491.00150.00
Q1'2492.00150.00
Q2'2492.00150.00
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
Dec'23-41.851.25
Jan'24-39.251.00
Feb'24-36.601.00
Mar'24-36.201.00
Q1'24-37.351.00
Q2'24-31.101.00
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
Dec'2359.00
Jan'2458.50
Feb'2457.00
Mar'2457.00
Q1'2457.50
Q2'2456.00
3800 Physical Curves: Fixed Price
     Phys INDO 3800
 Previous day 

globalCOAL Met Coal Curves: Fixed Price
 
  HCCA HCCA Branded HCCLV PCIA
Dec'23326.00328.00323.00-
Jan'24326.00328.00323.00-
Feb'24321.00323.00318.00-
Mar'24316.00318.00313.00-
Met Coal Curves: Fixed Price
  HCCA  HCCA Branded  HCCLV PCIA
 Previous day 


Freight Forward Prices
 
  Bol - Rott C5
  Bid Offer Mid Bid Offer Mid
Dec 2317.7518.2518.0012.7513.0012.88
Jan 2411.0011.5011.258.859.108.97
Q2 2411.5012.0011.758.008.408.20
Q1 2410.0010.5010.258.008.308.15
Source: SSY (Capesize Coal FFA Market Prices)


Energy Market Data
  Unit Price US$ / GJ Equiv US$ / MMBtu US$ / MWh Equiv
DES ARA (1)US$ / mt113.504.524.7716.28
RB (1) + PM Freight RB-Rott (2)US$ / mt114.004.544.7916.35
NBP Gas - Front Month (3)p / th84.1210.1310.6836.46
TTF Gas PM (3)EUR / MWh33.564.044.2614.55
ICE Gas Oil PM (3)US$ / mt791.1318.4018.9364.59
ICE Brent PM (3)US$ /barrel79.8913.0613.7747.01
UK Baseload Power PM (3) GBP / MWh106.0037.3939.45134.62
German Baseload Power PM (3)EUR / MWh89.8227.4228.9398.70
EUA Spot (3)EUR / t79.09
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)

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