Category: REPORTS

COAL PRICES OF MID- & LARGE SIZED COAL

Thanks to Industrial Development Agency (ARP) we know now what were the prices of mid- and large sized coal (all peas, nuts and stoves and coal with grain larger than 31,5 mm) in first three quarters of 2016. Naturally, retail customers were the main purchase group of that commodity.

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POLISH COAL TRADE BALANCE AFTER 3Q 2016

In first 3Q Poland imported 5.9m Mt of hard coal, which is 200k more YOY. Last year domestic import recorded 8.2m Mt, which was 2.1m less than in 2015. According to Industrial Development Agency (ARP), in current year that amount should be similar. So far, in after 9 months of 2016 Poland imported 4.3m Mt of steam coal (mainly from Russia) and 1.6m Mt of coking coal (Australia).

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KOMPANIA WEGLOWA: WOLF FULL, LAMB SAVED

Paraphrased Polish proverb, which means the same as English “to kill two birds with one stone” is a good metaphor of what was done last year with Kompania Weglowa, which at an edge of bankruptcy managed to sell in advance coal for 727m PLN. With increasing coal prices on international markets, entities which took part in it could feel like winners.

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