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Analysis & Forecasts

Asia Pacific

January 2018

Newcastle coal front-month prices averaged around $99/t in December, up by 2% from the average for November and up by around 15% year on year. Further gains have been seen at the start of 2018, with the average front-month price over the start of January around $105/t.

Asia coal futures – front month prices

China

Chinese electricity demand is estimated to have risen by around 6% on an annual basis in 2017 to reach 6,350 TWh. Strong increases in gas-fired and renewable generation helped...