Global thermal short-term outlook April 2023 Report

Commodity Market Report 28 April 2023

This report is currently unavailable

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

April coal markets proved that last month’s price correction is sustainable, prices remained flat on the month and even offered slight gains for high-CV coals. Newcastle 6,000 kcal prices ended the month near US$185/t. Shoulder season has arrived in the northern hemisphere, but prices remain supported by strong Indian demand, wet weather, and logistic-related supply disruptions in Indonesia and Australia. Chinese imports grew substantially but there are questions surrounding the rate of economic recovery in the country. If the new Chinese supply outweighs demand growth, there is risk of downward pressure on domestic prices going forward.