Following a year when coal prices have soared after the Queensland floods and then declined more recently amidst worsening sentiment in the global economy, CRU have introduced a new launch ‘2012 Metallurgical Coal Long Term Outlook’.
This exclusive new service – released on 12 December – draws on the expertise of CRU's offices in London, Beijing, Mumbai and the US and is designed to examine in detail the long-term future of the metallurgical coal industry to 2035.
By request, it will provide ‘bottom-up’ forecasts to show which countries and regions will drive long term consumption. The supply-side analysis and collection of Project Profiles - including production forecasts for 220 projects worldwide – will look at where supply will come from to meet long term demand. CRU’s unique Compass methodology provides forecasts of long run marginal costs and prices through to 2035. This new service is designed to help clients to devise their strategies and manage risk by answering the key questions facing the market's long term future.
Subscribers to this service will receive the main report (two hard copies, plus four online users) in mid-December as well as CRU’s collection of Metallurgical Coal Project Profiles and all statistical appendices and Excel data online. Clients can then also access CRU analysts in London, Beijing, Mumbai and the US for further discussion when required.
This service is different from CRU’s existing ‘Coking Coal Market Outlook’ service which focuses on the medium-term 5-year horizon, rather than the longer-term 10-25 timeframe of the new service. Both of these services are designed to complement each other.