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JANUARY 2012 January Trading Highlights 

2012 opened on a strong note for the ICE Coal Futures portfolio, with 125,750 lots, or over 125 million tonnes of coal, cleared in January

This was the third highest monthly volume in the portfolio’s history, and the strongest result since last March

Interest in the Rotterdam hub was especially vigorous with a particular focus on the quarterly contracts, but volumes across all hubs increased on the previous month – indeed, more than doubling for Newcastle Futures

A spike in daily volumes coincided with a mid-month dip in daily settlement prices for the Rotterdam and Richards Bay prompt contracts; in addition, January saw a 10+ million tonne day on the 23rd, the highest daily volume since 16 March 2011

Open interest dipped during the month, closing January at 123 million tonnes

January Snapshot Average Daily Volume (lots per day)

Mid-Month Open Interest (growth on prev month)

Monthly Volume (growth on prev month)

ICE Rotterdam Coal

4,260

74,321 (-3%)

89,455 (+64%)

ICE Richards Bay Coal

1,209

32,082 (-9%)

25,391 (+94%)

gC ICE Newcastle Coal

519

16,546 (-7%)

10,904 (+114%)

5,988

122,949 (-5%)

125,750 (+73%)

All Coal Futures

ICE Coal Futures Monthly Volume

Copyright © 2012 Global Coal Ltd and ICE Futures Europe®

globalCOAL ICE Coal Futures Monthly Report – January 2012


ICE Coal Futures Daily Volume and Feb 2012 Daily Settlement Prices

Proportion of Contracts Trading as Calendar Strips

Copyright © 2012 Global Coal Ltd and ICE Futures Europe®

globalCOAL ICE Coal Futures Monthly Report – January 2012


ICE Coal Futures Open Interest  

 

ICE Coal Futures News Don’t miss the next ICE Education™ Coal Markets training in London This market leading 2-day course provides an in-depth analysis of both the physical and financial coal markets, with practical instructions on trading and risk management. The course has been updated to include even more hands-on exercises, trading games and case studies to support learning in an interactive environment. LONDON: 21-22 March 2012 To book, please visit: https://www.theice.com/EducationCourses.shtml?courseDetail=&courseId=6663

Disclaimer Please direct all questions and comments about information contained in this publication to globalCOAL®. All information shown above is indicative only. Whilst globalCOAL endeavours to provide accurate information, it does not represent or endorse the accuracy or reliability of any of the information contained herein and cannot be held liable for any loss or damage howsoever arising from any use or reliance on the information contained herein. Where this communication has effect in the UK, it is issued by Global Coal Ltd (globalCOAL), which is authorised and regulated by the Financial Services Authority (FSA). The designated investments or investment services detailed are only directed to Eligible Counterparties and Professional Customers as defined by FSA. Any other persons, such as private customers, should not rely on this document. If you have any doubt, contact your financial adviser. globalCOAL's Scope of Permissions under the Financial Services and Markets Act 2000 prohibits globalCOAL from holding any positions in any of the designated investments it arranges on behalf of its clients. globalCOAL's directors, employees and affiliates are not permitted to conduct any transactions for their own account where a conflict or potential conflict of interest may occur without prior approval of globalCOAL. globalCOAL may be providing and may have provided within the previous 12 months, significant investment advice and service(s) in respect of any designated investment(s) or related investments, mentioned in this communication. Telephone conversations with globalCOAL may be recorded.  ICE Futures Europe® is a Recognised Investment Exchange in the UK supervised by the Financial Services Authority in accordance with the Financial Services and Markets Act 2000. The information and materials contained in this Report, graphics, links or other items‐are provided "as is" and "as available”. ICE Futures Europe, and its subsidiaries, does not warrant the accuracy, adequacy or completeness of this information and materials and expressly disclaims liability for errors or omissions in this information and materials. No warranty of any kind, implied, express or statutory, including but not limited to the warranties of non‐infringement of third‐party rights, title, merchantability, fitness for a particular purpose and freedom from computer virus, is given in conjunction with the information and materials. The information in this Report is liable to change at short notice. You should not rely on any information contained in this Report without first checking with us that it is correct and up to date.

Copyright © 2012 Global Coal Ltd and ICE Futures Europe®

globalCOAL ICE Coal Futures Monthly Report – January 2012


Coal Price Update  

Coal Price Update

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