IHS Markit Power-Coal Dialogue: Asia Coal Market Outlook
Join IHS Markit for a complimentary half day seminar on the Asia Coal Market Outlook
Thermal and metallurgical coal prices have continued to declined over the first months of 2015 amid continued oversupply and a slowdown in Chinese imports. Against this background IHS Markit coal proposes to share its views on the market and the outlook for a recovery.
One of the key drivers in bringing thermal supply and demand back into balance is power demand growth across a number of key Asian markets. India sits at the core of any recovery, and with fate of many a producer being intrinsically linked to the progress made by the new Modi government. Can India fill the gap left by China's retreating imports?
Elsewhere, demand growth across ASEAN is being seen as a cause for optimism. Can demand growth in Vietnam, the Philippines and Malaysia live up to expectations? Is there still growth to come from more mature markets such as Korean and Japan?
But it's not just the demand landscape that is changing, trading practices are also progressing, with greater uptake in index linked business and the move towards lower c.v. benchmarks and hedging.
Metallurgical coal fortunes have followed a similar trend to its thermal cousin, again affected by slowing demand growth from China and significant over supply. What is the outlook for Australian producers of metallurgical coal, how do they stand up to wider international competition.
Join Coal as it shares its observations and insights on the changing market fundamentals and market behavior in this complimentary seminar.
Asia Coal Outlook Market seminar in Jakarta is held in association with