Argus Global Coal Overview
Global thermal coal prices have risen to record levels in 2022, experiencing unprecedented volatility. Global demand remains robust with security of supply shifting higher up the agenda of many governments in light of geopolitical upheaval. In Europe, power-sector demand is experiencing a renaissance because of concerns over gas supply.
In Asia-Pacific, thermal coal will remain a pillar of the power and industrial sectors for decades to come as governments look to balance energy security and economic prosperity. Global coal trade flows are shifting, with flows from key suppliers Russia, Indonesia, Australia, South Africa, Colombia and the US penetrating new markets. Keeping on top of prices and flows, and how coal markets intersect with other energy and commodity benchmarks, will be critical in the coming years.
Global seaborne thermal coal exports from largest suppliers (mn t) vs cif ARA and fob Richards Bay NAR 6,000kcal/kg prices. High calorific value coal prices plunged to record lows during the 2020 Covid pandemic, pressuring producers’ margins but have staged a remarkable recovery since mid-2021, as supply has struggled to keep up with demand.
Argus Coal Market Services
Argus coal market services provide you with the professional, high-quality intelligence that you need to meet the demands of today’s global coal markets. Our global coverage includes key prices such as ICI 3, ICI 4, API 2, API 5 and API 6. The ICI pricing is used by Asia-Pacific governments.
Whether you are interested in European, Asia-Pacific, Americas or African coal markets, we can give you the clearest, most accurate indexation-quality price assessments, news and analysis available on the go.
The coal market services can be accessed from Argus Direct through your desktop, laptop, tablet and mobile phone. This dynamic platform provides you with key news, information and tools to empower your business decisions anytime, anywhere.