Argus White Paper: UK gas winter outlook The UK will import less from the continent than a year earlier this winter, assuming temperatures are in line with the seasonal norm and LNG imports stay quick.
Argus White Paper: German industrial emissions outlook Europe’s heavy industry is under pressure to cut its emissions. The greenhouse gas output of EU industry has barely fallen since 2013 - a trend that has not gone unnoticed by policymakers.
Argus White Paper: European thermal coal winter outlook Growth in European thermal coal demand this winter is contingent on colder-than-average weather driving power generation higher along with weaker output from nuclear and renewables, with a downturn in overall demand likely in normal conditions.
Argus White Paper: European power winter outlook Higher nuclear and renewable power generation could limit the call on thermal plants this winter, particularly in northwest Europe where forecasts indicate a milder, wetter winter than normal. Coal-fired generation remains less profitable than gas in many countries, but will still be required to meet demand during periods of cold weather and low renewable power output.
Argus White Paper: Dutch gas winter outlook The Netherlands’ high-calorie demand will rise this winter regardless of the weather, as stronger quality conversion allows for further cuts to production from the Groningen field, especially in January-March. And a further decline in offtake from the country’s small fields will increase the need for high-calorie supply from sources other than domestic production.
Ukraine NPK: New opportunities, new challenges October 2019: European and African suppliers have been quick to target the Ukrainian market after the government widened its ban on Russian fertilizers imports. But selling to Ukraine also brings new logistical challenges and the risk of broader import restrictions.
US natural gas exports to Mexico and border pricing October 2019: Emerging demand for natural gas in Mexico combined with declining production in the country have prompted US producers and marketers to increase gas exports to generators, utilities, and other endusers of natural gas in Mexico. The expansion of this trade flow means that understanding the price of gas at the US-Mexico border is more important than ever.
Indonesia and India lift global thermal coal trade in 2019 October 2019: Global thermal coal trade grew by around 11mn t on the year in the first half of 2019, driven by greater Indonesian exports and rising Indian demand. The growth in Asia offset weaker trade in the Atlantic, where EU imports slumped to more than a decade low
Yuzhny ammonia exporters navigate bearish market September 2019: Heading into the second half of 2019, there are few signs that the ammonia market will come out of a prolonged period of price weakness. With Yuzhny prices long-considered to be the key indicator of market sentiment, Argus takes a closer look at logistics around the Ukrainian port.
Argus White Paper - When politics Trump fundamentals: steel trading in an age of uncertainty September 2019: Steel analysts lavish models with data feeds, but much price movement is now driven by factors other than fundamentals. When a single tweet from the US president is able to crash markets, how can the steel industry adjust to this new environment?
Argus White Paper: South African off-spec coal prices launch September 2019: India took 60% of Richards Bay Coal Terminal exports in the first half of this year. Demand, especially for NAR 5,500 kcal/kg and min NAR 5,700 kcal/kg grades, increased due to South African coal’s price advantage against other origins.
Argus White Paper: Russian coal exports in 1H 2019 September 2019: Russian thermal coal values followed global prices downward in the first half of the year and hit multi-year lows in June.
Argus White Paper: Power sector struggles to cash in on German GHG tickets September 2019: Electricity suppliers see potential in participating in the German greenhouse gas (GHG) quota ticket market, but are yet to use their right to generate and trade these certificates.
Argus White Paper: Iron ore pellet pricing structures under strain August 2019: How are conventional pellet pricing structures — solidified when seaborne trade was largely dominated by the highly structured buying patterns of Japan and Europe — coping with so many twists and turns?
