ICE Coal Futures Monthly Report
The ICE Coal Futures market is our most transparent window on the world of financial coal trading. This free monthly report analyses volume and price trends on a monthly basis to help you draw a picture of market development.
N.B. When reading the information contained within these newsletters, please note that past performance is not a guide to future performance.
Issue No. 110 Date: Mar 2018
March Market Highlights
- Prices in the ICE Coal Futures Cal’19 contracts all declined in March, with Rotterdam dipping to a 7-month low
- The Rotterdam Cal’19 contract closed March at $75.90/mt (down $3.35/mt on the previous month), Newcastle at $82.42/mt (down $4.54/mt) and Richards Bay at $81.55/mt (down $3.49/mt)
- Volatility in the Rotterdam Cal’19 contract levelled out in March after rising significantly through February; volatility at all three hubs dipped by month-end
- ICE gC Newcastle volume picked up this month to exceed 18Mt, while Rotterdam volume decreased to 103Mt
ICE Coal Futures Price Trend (Cal 2019)
ICE Coal Futures Spreads (Cal 2019)
ICE Coal Futures Volatility*
* Historical 30-Day Annualised Volatility is calculated by taking the standard deviation of the last 30 days' natural logarithm of daily percentage change in the price of the Cal+1 contract, and annualising it by multiplying it by the square root of 252 (as the number of trading days in the year).
Relevant Exchange Rates
Source: Thomson Reuters
ICE Coal Futures Monthly Volume & % Screen Executed
ICE Coal Futures vs Options Volume
Futures Volume by Expiry
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