Global Coal Fundamentals December 2023

December 15, 2023
December 15, 2023
Carlo Robiati

DBX anticipates that prices will trade within a range in the short term, with cash costs providing a floor for international prices near $100 per ton. The upside is limited due to healthy supply levels from domestic mining production in both China and India. Demand remains subdued in the Atlantic region, as a weak gas and power complex is expected to keep prices depressed. However, Asia is showing more promise, with pockets of strength in the Far East being the primary areas of positive outlook.

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1. Real-time Exports and Imports

2. Real-time Balances and Consumptions

3. Domestic mining output

4. Stockpiles

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