Q2 PHCC Indexed Based Quarterly Contract Midpoint

April 23, 2018 9:17 am

Q2 PHCC Indexed Based Quarterly Contract Midpoint: As of mid-April, the midpoint of the determination period for quarterly indexed-based coking coal contracts for Q2:2018, DTC notes that the major indices for premium low-vol coal FOB vessel Australia are around $185/MT...

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Thermal Coal Price Commentary

April 18, 2018 9:00 am

Thermal Coal Price Commentary: Coal prices in the API2, API4 and NEWC prompt year indices all had notable declines today. Both the API2 and API4 prompt year (2019) markets were down $3.00 to $79.85/MT and $85.15/MT, respectively, while NEWC prices...

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Sub-$200/MT Coking Coal Prices

April 2, 2018 10:00 am

Sub-$200/MT Coking Coal Prices: Seaborne CFR and FOB coking coal prices were under pressure last week as weaker steel markets and ample supplies of premium products have pushed the markets lower over the past few weeks. Coking coal prices are...

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Steel Tariff Exemptions

March 28, 2018 9:18 am

Steel Tariff Exemptions: Last week, the U.S. trade representative indicated that the U.S. will grant the EU, Argentina, Australia, Brazil and South Korea temporary exemptions from the steel and aluminum tariffs recently enacted as they negotiate with the U.S. Previously,...

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Coking Coal Prices Weaken Further

March 26, 2018 9:59 am

Coking Coal Prices Weaken Further: The rising tensions of a trade war and a wait-and-see attitude pushed prices lower this week. Steel mills in China and India are holding out again on anticipation for lower prices, however, we may see...

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Premium Coking Coal Price Correction

March 19, 2018 8:53 am

Premium Coking Coal Price Correction: Prices of premium coking coal materials continued to weaken in the seaborne market last week amid sufficient supply and falling steel demand; however, second-tier materials appear to be holding steady. The downward trend in premium materials...

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ACC Spring Coal Forum Conference Recap

March 13, 2018 9:04 am

American Coal Council Spring Coal Forum Conference Recap: DTC’s Tracy Green attended the ACC’s Spring Coal Forum in Clearwater, FL last week. Despite attendance being down YoY, the mood was lively with many attendees enjoying the sun and sand with...

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Severe Weather Hampers Coal Transport

February 26, 2018 9:43 am

Severe Weather Hampers Coal Transport: Following this week’s severe weather that resulted in coal transport service disruptions on the Central Queensland Coal Network operated by Aurizon, DTC is monitoring the weather at key points on the Goonyella and Blackwater corridors. Australia’s Bureau of...

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Surging Indonesian Thermal Coal Price

February 12, 2018 9:07 am

Indonesia’s Ministry of Energy and Mineral Resources set February’s thermal coal reference price (HBA) at $100.69/MT FOB last week which was an increase of 21% YoY, and is the highest level since Dec 2016. FOB prices of 4,200 Kcal and...

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Mississippi Valley Trade & Transport Recap

February 12, 2018 8:49 am

John Lowell traveled to New Orleans last week to attend the 36th annual World Trade & Transport Conference, jointly sponsored for the second consecutive year by the Mississippi Valley Trade and Transport Council and The Coal Institute. The annual gathering...

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