Category Archives: News

3-4 million tonnes maximum potential loss from Murmansk

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…
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Could Russian suppliers succeed where Indonesian have failed?

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…
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Perret Associates sees supply constraints driving coal price recovery in 2020

As 2020 gets under way there are signs that the support that international coal prices found at the tail end of last year could just be a foretaste of a market recovery in the year ahead. Although demand looks set to remain largely subdued, tightening supply, especially in the Atlantic market, could boost prices after…
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$70/t cap on Indonesian prices highlights tightening coal market

The surprising announcement by the Indonesian government that it will cap the price of domestic coal at $70/t (basis 6,000 NAR) is a sign of the issues and contradictions that the coal and wider energy markets¬†will increasingly face in the decades to come. Indonesia‚Äôs largest utility, PLN, was surprised (as were many market participants) by…
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