About: perret

Perret Associates estimate that the potential loss in steam coal exports only (excluding metallurgical coal) from Murmansk to the EU and Med. destinations could equate to a maximum of 3-4mt during June-December. This assumes the worse case scenario when the bridge supplying coal to Murmansk will not be repaired before January 2021. The consultancy estimates…

The DES ARA market remains heavy although the drop in prices over recent weeks could well make fresh shorts hesitate before entering the market. A spell of colder than usual weather and some short-covering are also helping to support the market. In fact, Q220 paper ended the week $1.20 higher w-o-w, at $52/t, while Cal.21…