POLISH STEAM COAL IN THE 1ST HALF OF THE DECADE

Today quick looking back at the coal sales to the energy industry. We present you a short report on the changing steam coal prices, purchasing volumes and coal quality in the last four and half years. European Union’s anti-GHG (or rather anti-coal) climate policies, decreasing demand for coal on the main international markets (China and US) and internal crisis in Polish mining sector led to the situation presented bellow.

Since 2011 we can observe a falling level of prices. For more than two years now, mining industry did not managed to get back to the levels from 2012 in sales to the power sector (PSCMI1 marker). Figures bellow expressed in PLN/Mt.

img2

The same trend was recorded for the purchasing volumes. From the more than 9 million tons in each quarter of 2011, constantly decreasing (with a small exception in Q4 2013, when power industry had to level up the limited purchases in Q2) tonnage of ordered steam coal up to slightly more than 6 million in the first two quarters of 2015. Figures expressed in thousands tons.

img1

On the other hand, falling numbers of prices and volumes are followed by the increasing quality of coal ordered by the power industry. Figures expressed in GJ/Mt.

img3

Advertisements