The NEWC Index is the settlement price for a significant volume of index-linked contracts – from Australia and Indonesia to Japan and India The NEWC Index prices the vast majority of coal derivatives in Asia, with some 350+ million tonnes of gC ICE Newcastle Futures cleared annually
Coal prices remained under heavy pressure in July amid oversupply concerns as production in Indonesia and Australia remained strong in the face of weaker demand from China and India. The coal price, which has been hovering around $54 per tonne since April, is set to continue its downtrend until the end of the year pressured by the rise of renewable energy sources, especially wind and solar power.
10-7-2020· The IHS Markit McCloskey Northwest Europe Steam Coal marker reflects the price of the most economic delivered tonne from any origin as long as the material’s specification reaches the general European standard, established by IHS Markit in 1991, of under 1% sulphur with prices c.v. adjusted to a 6,000 kc/kg NAR basis and not less than 5,850 kc/kg NAR.
Most coal is used in the country in which it is produced. Transportation costs account for a large share of the total delivered price of coal. Based on information from the International Energy Agency, since 2000 global coal trade has increased by 148.1%.
Since January 2016, when the price of coal reached a 10-year low, coal prices have rebounded by about 100 percent. Several factors have contributed to this price rebound. First, as part of China's effort to reduce harmful emissions the world's largest coal consumer and producer, reduced its domestic production and increased its imports. Second, the Indian coal industry faced hard times as ...
Argus Coal Market Services. Argus coal market services provide you with the professional, high-quality intelligence that you need to meet the demands of today’s global coal markets. Our global coverage includes key prices such as ICI 3, ICI 4, API 2, API 5 and API 6. The ICI pricing is …
API 5: Financially settled contract for coal exported from Newcastle, Australia. The contract is settled based on the FOB Newcastle Monthly Coal Price Index published by Argus/McCloskey. API 8: Financially settled contract for coal delivered to Southern China. The contract is settled based on the CFR South China Monthly Coal Price Index published by Argus/McCloskey.
26-5-2020· Coal use grew again in 2018. Global coal demand increased by 1.1%, continuing the rebound that began in 2017 after three years of decline. The main driver was coal power generation, which rose almost 2% in 2018 to reach an all-time high.
The latest global coking coal news, coking coal prices and expert market analysis. ... Fastmarkets MB price book contains over 950 global metal prices including steel prices and scrap prices. ... Seaborne hard coking coal fob Australia index picks up after deal to India. Shanghai Jun 12, 2020 @ 12:30 More ...
29-3-2014· Uninterrupted supply and lacklustre global demand are weighing on international coal prices, with little relief in sight. Despite attractive coal-fired generation margins, environmental policies in Europe and China are providing a grim outlook for the abundantly available fuel.
9-7-2020· A global team of industry-recognized experts contributes incisive and thought-provoking analysis. ... with China’s import levels from Indonesia serving to determine Indonesian coal prices. IHS Markit launched the Indonesian sub-bituminous index in 2010 and offers detailed pricing for two other types of Indonesian coal types as well.
20-9-2018· Coal prices are not supposed to be rising as governments tighten environmental controls, but that's precisely what is happening at the premium end of the coal market where prices have soared.
Preliminary IEA analysis indicates a sharp drop in power sector coal demand in 2020 as a result of the Covid-19 crisis, with coal showing the greatest uncertainty of all fuels used for power. Looking ahead, coal-fired generation without CCUS needs to decrease 5.3% per year to 2030 to be in line with the SDS.
Indonesia Coal Price Index (ICI) – Specification . FOB Kalimantan. The ICI Weekly Report is the dominant price reference of Indonesian coal, in markets domestically, as well as internationally under the brand “Argus / Coalindo ICI”. The five types of ICI assessments are as follows: Grade (Kcal) Timing ...