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Coal Market Fundamentals
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About the Course
The surge in the number of new coal-fired power plants, and the higher demand for steel and cement in Asia are driving demand growth for steam coal. Along with the increase in demand, buyers and sellers are facing shifts in trading patterns, increased price volatility, and environmental and regulatory challenges that are adding to the market uncertainties they must cope. A thorough understanding of the drivers of the future growth in steam coal markets requires an awareness of these market challenges.
Coal Market Fundamentals is an introductory course that provides an good understanding of the factors that drive regional market demand, procurement decisions, and, above all, price. The course will focus on the economics and commercial aspects of the coal value chain through the use of lectures, case studies, interactive discussions, and hands-on training.
The course gives delegates a practical working knowledge of assessing and forecasting steam coal requirements and prices, equipping them with a valuable skill that should ultimately improve the company’s bottom line.
Key Learning Outcomes
- Get an appreciation of coal market supply, demand and trade issues
- Understand the fundamentals of coal grades and quality
- Assess and understand the drivers of demand for steam coal
- Analyse the trends in trade flows of steam coal from major coal exporting countries to major coal-importing countries in Asia
- Learn from country-specific case studies of their coal usage, procurement strategies, regulatory frameworks, and coal quality requirements
- Understand buyer/seller market issues and the factors behind their commercial decisions
- Use your knowledge to assess the market and forecast Asia’s steam coal requirements and prices
- Compare shipping routes, distances, voyage costs and port details from some of the major coal suppliers and buyers
Who Should Attend
This is a fundamental course designed for those who are new to the steam coal industry and those who are seeking a refresher, including:
- Coal producers and buyers
- Traders, importers, and exporters
- End users and consumers of steam coal (i.e. power, cement, steel-making [PCI])
- Financiers, Investors and Analysts involved in the coal sector
- Shipping and Port sectors
- Logistics and Procurement Specialists
- Research and Risk professionals
International Course Director
Dr. Bart Lucarelli, President,
LP Power Consultants
Dr. Lucarelli has 28 years experience in energy projects implementation, with 20 of those years spent in Asia. He conducts commercial and financial assessments of private power and fuel projects on behalf of private producers, coal and gas suppliers, and lenders.
