Sample Coal Market Report


Coal Market Report

Friday, 22 May 2020
 
 
Daily Thermal Coal Indices
Product Week TD Daily % Ch Month TD Daily % Ch Best Index Bid Best Index Offer
NEWC 53.981.39 %51.820.35 %56.7554.00
DES ARA 38.700.52 %39.400.13 %36.0043.00
RB 54.800.38 %52.400.10 %54.0054.50

Daily Metallurgical Coal Indices
Product Week TD Daily % Ch Month TD Daily % Ch Best Index Bid Best Index Offer
HCCA 120.000.00 %120.000.00 %96.00116.61

Market Overview
We finished the week with July Richards Bay trading, following a recent spate of June cargoes. The deal went through mid-morning at $57.00/t, in line with Wednesday's comparable trade. The June market was bid at $54.00/t early on, again flat to yesterday's bid level shown. Paper markets headed in varying directions, with Cal 21 API#2 falling $0.40/t, while the June API#4 contract was $0.45/t stronger. Oil prices finished the week in the red, with front month Brent sliding $1.87/bbl lower to sit at $34.19/bbl near close of play.

From the Asian Desk
The INDO 3800 NAR market still focused on Jun20 with bid seen at $29.00/mt and offered at $30.00/mt. In the NEWC physical market, Aug20 traded at $56.50/mt in 25kt, $0.50/mt higher than last done, after which the month was bid at $55.75/mt in 25kt and offered at $57.00/mt in 75kt ND. Earlier along the curve, Jul20 was offered at $54.00/mt in 75kt ND. Out of the index window, Sep20 was bid at $56.50/mt in 25kt. In the HA Aus 5500 market, Jun20 traded at $45.00/mt PWCS in 50kt. While the cape size market for end Jun20 and early Jul20 was at $40.00/mt VS $43.00/mt. The Zhengzhou Commodity Exchange (ZCE) main contract 2009 descreased by 5.2 CNY($0.73)to close at 534.8 CNY($74.90) today.

From the Met Desk
No real change to end the week which saw physical premium mid vol and TSI Fob Aus paper prices align for the prompt months at around the $115 mark.

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globalCOAL Thermal Coal Trades this Week
  Product Expiry Price Volume Origin Delivery Point Add.Terms
19/May/2020Phys RB1Jun'20$ 53.5050,000   
19/May/2020Phys API#4 Index (FOB RB1)Jun'20-$ 3.7525,000   
20/May/2020Phys RB1Jun'20$ 53.5050,000   
20/May/2020Phys RB1Jun'20$ 53.5050,000  EFP 
20/May/2020Phys NEWC (FOB Newcastle)Jul'20$ 53.7525,000  ND 
20/May/2020Phys RB1Jun'20$ 53.5050,000   
20/May/2020Phys RB1Jul'20$ 57.0050,000   
22/May/2020Phys RB1Jul'20$ 57.0050,000   
22/May/2020Phys NEWC (FOB Newcastle)Aug'20$ 56.5025,000   
22/May/2020Phys HA Aus 5500Jun'20$ 45.0050,000 PWCS  

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

Recent Thermal Coal Indices
Weekly 24 Apr 01 May 08 May 15 May 22 May
NEWC53.7450.7651.7150.8353.98
DES ARA42.0539.2040.3939.2938.70
RB 44.5849.1452.2453.4254.80
globalCOAL Indices: Last 3 months (US$)
   NEWC    DES ARA  RB 
Monthly Dec 19 Jan 20 Feb 20 Mar 20 Apr 20
NEWC66.5868.5167.7966.5961.05
DES ARA53.5649.6248.9248.8346.74
RB83.4088.7382.9965.3557.82

Recent Metallurgical Coal Indices
Weekly 24 Apr 01 May 08 May 15 May 22 May
HCCA120.00120.00120.00120.00120.00
globalCOAL Indices: Last 3 months (US$)
   HCCA 
Monthly Dec 19 Jan 20 Feb 20 Mar 20 Apr 20
HCCA127.05139.51156.97162.14131.09


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
Jul'20-54.00-         
Aug'2056.7557.0056.88         
Sep'2056.50---3.00--      
Q4'20   -2.90-0.95-1.93      
Q1'21   -1.35-0.70-1.02      
 
  Phys RB Phys RB Index Phys API#4 Index  
  Bid Offer Mid Bid Offer Mid Bid Offer Mid Bid Offer Mid
Jun'2054.0054.5054.25         
Jul'2057.0058.0057.50         
 
  Phys HA AUS 5500 Phys API#5 5500
(HA AUS)
Phys FOB INDO 3800  
  Bid Offer Mid Bid Offer Mid Bid Offer Mid Bid Offer Mid
Jun'2045.00--   27.5034.0030.75   
Jul'2046.00--         

globalCOAL 6000 Physical Curves: Fixed Price
 
  Phys NEWC Phys ARA (DES) Phys RB
May'2052.0537.5052.50
Jun'2050.7538.5054.25
Jul'2053.8040.3056.80
Aug'2057.0043.3058.00
Q3'2056.0543.3058.00
Q4'2058.4546.6059.45
Q1'2160.0548.9061.40
Q2'2161.2550.8561.50
CAL-2162.0051.6062.45
CAL-2267.7558.0567.20
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
May'200.00-1.00-1.00
Jun'20-5.75-3.00-3.75
Jul'20-3.50-2.50-2.00
Aug'200.25-1.30-1.00
Q3'20-0.70-1.30-1.00
Q4'200.25-0.90-0.75
Q1'210.50-0.500.00
Q2'210.25-0.300.00
CAL-210.25-0.250.00
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
May'2051.8052.3052.050.10
Jun'2056.2556.7556.500.50
Jul'2057.0557.5557.300.50
Aug'2056.5057.0056.75-0.35
Q3'2056.5057.0056.75-0.35
Q4'2057.9558.4558.20-0.45
Q1'2159.3059.8059.55-0.55
Q2'2160.7561.2561.00-0.40
CAL-2161.5062.0061.75-0.25
CAL-2267.5068.0067.75-0.25
gC NEWC Futures Curve (Mid-Point)
 Previous day 


Phys RB2 5700
 
  Bid Offer Mid Change
May'2048.2548.7548.50-0.20
Jun'2052.7553.2553.000.00
Jul'2053.5554.0553.800.05
Aug'2054.2554.7554.500.20
Q3'2054.2554.7554.500.20
Q4'2055.9556.4556.200.25
Q1'2157.1557.6557.400.05
Q2'2156.9557.4557.200.00
CAL-2157.7058.2057.95-0.15
CAL-2262.4562.9562.70-0.05
Phys RB2 5700(Mid-Point)
 Previous day 


Phys RB2 5700 Index (API#4)
 
  Bid Offer Mid Change
May'20-5.25-4.75-5.000.00
Jun'20-5.25-4.75-5.000.00
Jul'20-5.25-4.75-5.000.00
Aug'20-4.75-4.25-4.500.00
Q3'20-4.75-4.25-4.500.00
Q4'20-4.25-3.75-4.000.00
Q1'21-4.25-3.75-4.000.00
Q2'21-4.55-4.05-4.300.00
CAL-21-4.75-4.25-4.50-4.50
CAL-22-4.75-4.25-4.500.00
Phys RB2 5700 Index (API#4) (Mid-Point)
 Previous day 


Phys RB3 5500
 
  Bid Offer Mid Change
May'2042.2542.7542.50-0.20
Jun'2047.2547.7547.500.00
Jul'2048.0548.5548.300.05
Aug'2047.7548.2548.000.20
Q3'2047.7548.2548.000.20
Q4'2048.4548.9548.700.25
Q1'2149.1549.6549.400.05
Q2'2148.7549.2549.000.00
CAL-2149.7050.2049.95-0.15
CAL-2254.9555.4555.20-0.05
Phys RB3 5500 (Mid-Point)
 Previous day 


Phys RB3 5500 Index (API#4)
 
  Bid Offer Mid Change
May'20-11.25-10.75-11.000.00
Jun'20-10.75-10.25-10.500.00
Jul'20-10.75-10.25-10.500.00
Aug'20-11.25-10.75-11.000.00
Q3'20-11.25-10.75-11.000.00
Q4'20-11.75-11.25-11.500.00
Q1'21-12.25-11.75-12.000.00
Q2'21-12.75-12.25-12.500.00
CAL-21-12.75-12.25-12.50-12.50
CAL-22-12.25-11.75-12.000.00
Phys RB3 5500 Index (API#4) (Mid-Point)
 Previous day 

globalCOAL 5500 Physical Curves: Fixed Price
 
  Phys HA Aus Phys CFR Kemen/Liuheng
May'2040.5048.00
Jun'2042.0050.00
Jul'2042.0052.00
Aug'2044.0053.00
Q3'2043.5053.00
Q4'2045.5054.00
5500 Physical Curves: Fixed Price
     Phys HA Aus  Phys CFR Kemen/Liuheng
 Previous day 


globalCOAL 5500 Physical Curves: Index-Linked
 
  Phys NEWC Index (HA Aus) Phys API#5 Index (HA Aus)
May'20-5.15-9.10
Jun'20-9.10-10.60
Jul'20-7.30-6.35
Aug'20-5.15-7.10
Q3'20-5.15-7.10
Q4'20-6.15-5.75
5500 Physical Curves: Index-Linked
   Phys NEWC Index (HA Aus)  Phys API#5 Index (HA Aus)
 Previous day 


globalCOAL 3800 Physical Curves: Fixed Price
 
  Phys INDO 3800
May'2024.00
Jun'2029.50
Jul'2030.00
Aug'2030.50
Q3'2030.50
Q4'2031.00
3800 Physical Curves: Fixed Price
     Phys INDO 3800
 Previous day 

globalCOAL Met Coal Curves: Fixed Price
 
  Phys HCCA Phys HCCA Branded Phys HCCLV
May'20113.00115.00120.50
Jun'20113.00115.00120.50
Jul'20113.00115.00120.50
Aug'20113.00115.00120.50
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
May 203.804.103.954.004.254.13
Jun 205.205.705.454.004.254.13
Jul 206.006.306.154.704.904.80
Aug 206.406.706.555.705.905.80
Sep 206.707.006.856.006.306.15
Q3 206.406.706.555.655.955.80
Source: SSY (Capesize Coal FFA Market Prices)


Energy Market Data
  Unit Price US$ / GJ Equiv US$ / MMBtu US$ / MWh Equiv
DES ARA (1)US$ / mt38.701.541.635.55
RB (1) + PM Freight RB-Rott (2)US$ / mt54.802.182.307.86
NBP Gas - Front Month (3)p / th10.141.171.244.22
TTF Gas PM (3)EUR / MWh4.060.470.501.69
ICE Gas Oil PM (3)US$ / mt287.136.686.8723.44
ICE Brent PM (3)US$ /barrel34.605.655.9720.36
UK Baseload Power PM (3) GBP / MWh24.608.348.8030.01
German Baseload Power PM (3)EUR / MWh22.556.817.1824.51
EUA Spot (3)EUR / t21.39
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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