

Argus Seaborne Coal Outlook
Overview
The Argus Seaborne Coal Outlook service provides timely and reliable monthly forecasts for the thermal and metallurgical coal markets.
Over the past few years, global seaborne coal markets have been transformed, with radical changes in absolute prices and major changes in trade flows. Volatility has been difficult to manage and price risk has been significant.
This comprehensive monthly service provides clients with the information needed to assess and better understand these ever-changing markets. It provides valuable forward-looking analysis for key markets in both the Atlantic and Pacific basins.
Key features

Export and import data
Up-to-date export and import data

Prices
Key price forecasts

Forecasts
Seaborne supply and demand forecasts for key importers and exporters for the next two years

Analysis of inventories
Analysis of inventories, consumption and domestic production in major markets

Coal markets
Information needed to understand current shifts and the changes ahead for the thermal and metallurgical coal markets

Analysis piece
Monthly in-focus analysis piece
Customers that benefit
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Traders
Involved in the buying and selling of coal use prices as accurate and impartial references when negotiating trades and contracts.
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Mining companies
Looking for financing use market data and prices when creating the next stage of their business plans.
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End-users
Such as power plants, cement plants and industrial and manufacturing facilities gain insight on their costs by using our prices.
Product specifications
Argus provides access to a fundamentals, forecasts, swaps and spreads for the thermal and metallurgical coal.
- 6,000 kcal/kg benchmarks — cif ARA, fob Richards Bay, fob Newcastle, fob Puerto Bolivar
- 5,500 kcal/kg benchmarks — fob Newcastle, fob Richards Bay, cfr South China, cfr India
- 5,800 GAR, 5,000 GAR, 4,200 GAR fob Indonesia
Metallurgical coal - US
Key price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.
Argus aluminium scrap
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Argus Permian OCTG Index: Insight on OCTG Price Trends of Permian basin wells
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Argus Eagle Ford OCTG Index: Insight on OCTG Price Trends of Eagle Ford basin wells
Argus OCTG ERW Index: Insights on ERW OCTG Pricing and Market Trends
Argus OCTG SML Index and Seamless Oil Country Tubular Goods Market Trends
Argus OCTG Index and Oil Country Tubular Goods Market Trends
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus Antimony
Antimony is a key raw material for technology and energy transition applications and its concentrated production in China introduces risks for countries in Europe and the US who rely entirely on imports.
Argus US HRC
Hot-rolled coil (HRC) is the predominant finished steel form in the US domestic and global steel industry, and the foundation for many steel-based industrial products.
Argus northwest EU HRC steel
The Argus northwest European HRC price assessment is the official settlement price for the CME North European Hot-Rolled Coil Futures contract.
Argus/McCloskey's API 4
The API 4 price assessment is the benchmark price reference for 6,000 kcal/kg coal exported from South Africa’s Richards Bay Coal Terminal and is used in physical and over-the-counter contracts.
Argus/McCloskey's API 2
The API 2 price assessment is the benchmark price reference for coal imported to northwest Europe. It is calculated as an average of the Argus cif ARA price assessment and the IHS McCloskey NW Europe Steam Coal marker.
Argus iron ore
Argus offers a comprehensive suite of iron ore assessments across fines and lump, seaborne and portside prices.
Argus cobalt
Argus offers a range of global cobalt price assessments, most of which are published twice weekly to adequately reflect price changes and liquidity.
Argus aluminium scrap
Recycled aluminium is a valuable input material in the production of new aluminium products, and provides additional benefit through a reduced environmental impact and improved energy efficiency compared with mined raw materials.
Argus Permian OCTG Index: Insight on OCTG Price Trends of Permian basin wells
Argus Bakken OCTG Index: Insight on OCTG Price Trends of Bakken basin wells
Argus Eagle Ford OCTG Index: Insight on OCTG Price Trends of Eagle Ford basin wells
Argus OCTG ERW Index: Insights on ERW OCTG Pricing and Market Trends
Argus OCTG SML Index and Seamless Oil Country Tubular Goods Market Trends
Argus OCTG Index and Oil Country Tubular Goods Market Trends
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus Antimony
Antimony is a key raw material for technology and energy transition applications and its concentrated production in China introduces risks for countries in Europe and the US who rely entirely on imports.
Argus US HRC
Hot-rolled coil (HRC) is the predominant finished steel form in the US domestic and global steel industry, and the foundation for many steel-based industrial products.
Argus northwest EU HRC steel
The Argus northwest European HRC price assessment is the official settlement price for the CME North European Hot-Rolled Coil Futures contract.
Argus/McCloskey's API 4
The API 4 price assessment is the benchmark price reference for 6,000 kcal/kg coal exported from South Africa’s Richards Bay Coal Terminal and is used in physical and over-the-counter contracts.
Argus/McCloskey's API 2
The API 2 price assessment is the benchmark price reference for coal imported to northwest Europe. It is calculated as an average of the Argus cif ARA price assessment and the IHS McCloskey NW Europe Steam Coal marker.
Argus iron ore
Argus offers a comprehensive suite of iron ore assessments across fines and lump, seaborne and portside prices.
Argus cobalt
Argus offers a range of global cobalt price assessments, most of which are published twice weekly to adequately reflect price changes and liquidity.
Argus aluminium scrap
Recycled aluminium is a valuable input material in the production of new aluminium products, and provides additional benefit through a reduced environmental impact and improved energy efficiency compared with mined raw materials.
Argus Permian OCTG Index: Insight on OCTG Price Trends of Permian basin wells
Argus Bakken OCTG Index: Insight on OCTG Price Trends of Bakken basin wells
Argus Eagle Ford OCTG Index: Insight on OCTG Price Trends of Eagle Ford basin wells
Argus OCTG ERW Index: Insights on ERW OCTG Pricing and Market Trends
Argus OCTG SML Index and Seamless Oil Country Tubular Goods Market Trends
Argus OCTG Index and Oil Country Tubular Goods Market Trends
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus Antimony
Antimony is a key raw material for technology and energy transition applications and its concentrated production in China introduces risks for countries in Europe and the US who rely entirely on imports.
Argus US HRC
Hot-rolled coil (HRC) is the predominant finished steel form in the US domestic and global steel industry, and the foundation for many steel-based industrial products.
Argus northwest EU HRC steel
The Argus northwest European HRC price assessment is the official settlement price for the CME North European Hot-Rolled Coil Futures contract.
Argus/McCloskey's API 4
The API 4 price assessment is the benchmark price reference for 6,000 kcal/kg coal exported from South Africa’s Richards Bay Coal Terminal and is used in physical and over-the-counter contracts.
Argus/McCloskey's API 2
The API 2 price assessment is the benchmark price reference for coal imported to northwest Europe. It is calculated as an average of the Argus cif ARA price assessment and the IHS McCloskey NW Europe Steam Coal marker.
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Manage the risks of coal price volatility and changing trade flows with Argus Seaborne Coal Outlook.
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