COAL OUTLOOK – Prices slump to 4-year lows

10/03/2020 09:24 Coal


European coal prices fell to near four-year lows in early Monday trading as plunging oil prices exacerbated existing pressure from a weak gas market, sluggish demand and ample supply.

The API 2 front-quarter contract traded down USD 0.87 on Friday’s close at a USD 47.55/t, while the Cal 21 was USD 1.84 lower at USD 54.70/t, on Ice Futures.


The contracts earlier hit their lowest on a rolling basis since May and June 2016, respectively, of USD 46.75/t and USD 53.75/t.


Daily (26.06.2020): German forward prices increased by over 2% on Monday tracking stronger carbon prices

26/05/2020 13:15:00

Oil markets were relatively quiet with no significant movements on Monday due to Memorial Day in US and Spring Bank Holiday in the UK. However, o firmer demand and output cuts lent support to prices.


Hard coal alliance proposes runtime extension for 'reserve' under Germany's phase-out - report

26/05/2020 11:49:00

An alliance of hard coal plant operators plans to achieve an expansion of the runtime of Germany's seven most modern hard coal plants by proposing to shift them into an "energy transition reserve" to back up intermittent renewable power production, Christian Geinitz reports for the Frankfurter Allgemeine Zeitung.


Orsted consortium plans offshore Power-to-X play

26/05/2020 11:31:00

Orsted and a consortium of Danish companies have formed a landmark partnership to develop an industrial-scale transport fuel production facility in the Copenhagen area that will be powered by offshore wind in the Baltic Sea.