DTC Monthly Update©: July 2018

July 6, 2018 12:00 pm

And just like that, half of 2018 is behind us! Once again, the month was chock full of relevant and impactful market news, ranging from hot summer weather and infrastructure disruptions, to a surprise US regulatory move and a global...

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DTC Monthly Update©: June 2018

June 6, 2018 9:03 am

Time is flying by with the weather warming up and quarter three closing in quickly. M&A activity in the coal space has been robust so far this year, both domestically and abroad, but particularly so in Queensland over the past...

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DTC Monthly Update©: May 2018

May 4, 2018 9:42 am

We are in the thick of Q1 Earnings and aside from the transportation challenges, backed up rail service and vessel queues, the news is mostly positive. US producers are comfortable with how operations are running to start 2018 and are...

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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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