Commodity markets

Coal market // Week 22

June 8, 2023

            Quotes for imported thermal coal continue to decline in West Europe, following spot gas prices and thermal coal futures with June shipments to ARA ports.

Iron ore market // Week 21

May 31, 2023

            Iron ore quotes have decreased in China due to lack of government’s support to the economy of the country and, as a result, low demand from ore-consuming industries. The trade conflict between the USA and China on the one hand and growing offer of iron ore from Australia and Brazil on the other hand…… Read more »

Coal market // Week 21

May 31, 2023

            Demand for imported thermal coal is virtually dead in Western Europe, which continues to put pressure on relevant prices. Market participants note that there are significant stocks of coal in ARA ports and local traders are ready to resell it to Asian countries.