Feb. 6, 2013
/PRNewswire/ -- Demand for low calorific value (low CV) coal, which is of lower quality than coal with higher energy content, is increasing in the price-sensitive key markets of
, according to a research study published by global energy and commodity reporting agency Argus.
This exclusive study, "Low Calorific Value Thermal Coal Markets", provides a detailed assessment of the global low CV coal market with a specific focus on
, where most internationally traded supply originates. The study discusses long-term drivers for global thermal coal trade, as well as logistics in
, logistical bottlenecks restrict the flow of coal from producing provinces in the north to the major consuming provinces in the south. Imports at southern ports are used to alleviate supply deficits during periods of high demand.
Coal consumers in
face operational challenges that threaten their profitability. Power generators, which are the main consumers, are faced with multiple problems including poor coal quality, low fixed electricity tariffs and supply shortages, and are looking to imports, particularly from Indonesian low CV producers, to address these issues.
"This study, which includes a 5-7 year outlook for pricing of low CV coal, based on our market intelligence, builds on the expertise in coal that Argus has developed over many years. The high-quality research and analysis conducted by Argus Consulting Services provides key insights into the trends that are already shaping the future of
's coal market," Argus Media chairman and chief executive
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About Argus Media
Argus is an independent media organisation with nearly 500 full-time staff. It is headquartered in
and has offices in each of the world's principal energy centres. Its main activities comprise publishing market reports containing price assessments, market commentary and news, and business intelligence reports that analyse market and industry trends.
More than half of Argus' staff are commodity journalists who specialise in reporting news and price information relating to physical energy and related commodity markets. They operate according to a rigorous Editorial Code of Conduct and an Ethics Policy that align with best journalistic practice, including the avoidance of conflicts of interest.