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The Barrel Blog

October 13, 2016
Speculation over a fourth-quarter benchmark settlement near $200/mt in the Asian seaborne coking coal market has Central Appalachian sources talking of strengthening Central Appalachian thermal prices through the winter, with pricing potentially approaching $70/st.
June 29, 2016
The share of lower heat 8,400 Btu/lb coal produced in the Powder River Basin continues to decline but is unlikely to go away, say market sources.
June 30, 2016
Spot market prices for Australian thermal coal delivered to power stations in southern China have shrugged off their aura of doom and gloom.
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Platts Snapshot

European power prices rally on reactor outages, coal gains

2016-10-13 10:42:13 EST

Increased cross-border demand from France is putting Germany on track to become Europe's biggest exporter of electricity this year with Germany's installed wind capacity approaching 50 GW this winter.

News Headlines

Houston (Platts)--26 Oct 2016 531 pm EDT/2131 GMT
US coal carload counts gained strength last week as volumes continued to swing, railroad and Association of American Railroads data showed Wednesday.
Hanoi (Platts)--26 Oct 2016 513 am EDT/913 GMT
Vietnam's Ministry of Industry and Trade has proposed the central government to double the export quota of coal to 4 million mt/year for 2017-2020, from 2 million mt/year set previously.
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Feature: China's Coal Industry

October 06, 2015
The October-December trading period after China's Golden Week holidays is a crucial time of year for thermal coal shippers and traders.
Also in this feature
China's coal consumption statistics
Another issue for industry participants trying to judge the direction of the Chinese market for thermal coal is the reliability of statistics on the performance of China's coal industry. The US Energy Information Administration, a government agency, flagged in a September 16 report an intriguing decision by Beijing to radically restate its statistics for China's coal consumption between the years 2000 and 2013.

Price Focus

Thermal coal cargoes from various origins were finding their way into India to compete against South African coal, prices of which have remained at elevated levels, sources said March 21. A north India-based trader said Indian buyers were receiving offers from a wider range of origins, including Canada.


China's supply-side reforms give steel, coal sectors a boost
September 30, 2016
- S&P Global Platts' Sebastian Lewis and Keith Tan discuss China's supply side reforms and what this means for steel and coal industries.
Turkey surprises market with $15/mt thermal coal import duty
August 10, 2016
- Our editors discuss the surprise announcement from the Turkish government to levy a $15/mt tax on imported thermal coal for power generation.
Thermal coal prices surge as Chinese buyers scramble for cargoes in supply-driven market
August 05, 2016
- The seaborne thermal coal market has seen a huge turnaround with an unexpected surge in prices since June.
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Published on September 2014

This statement of methodology includes detailed information on the formation of Platts coal assessments and the specifications for the various products assessed.

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