Coal Markets
Coal trading is truly global, with liquid markets in Europe, Asia, and the United States – and counterparties hedging or seeking arbitrage opportunities between them. Evolution Markets serves these markets with one unified team working from offices in London and New York. Our brokers have deep knowledge of physical coal markets around the world and use available price information from standardized trading products to evaluate coal from different origins with different specs to determine a price basis differential. Global reach combined with coordinated brokerage operations across markets allows our clients to effectively hedge risk and identify trading opportunities. In addition to brokering financially settled futures, Evolution Markets brokers physical trades of coal from multiple origins and delivery points. We broker futures trades through our NFA-regulated subsidiary, Evolution Markets Futures LLC.
The power industry, coal producers, and financial counterparties engage in the U.S. coal market for price risk management and trading opportunities. The market centers on standardized exchange-traded products, which offer real-time price signals for off-spec physical transactions and export trading activity. Actively traded markets for both bilateral and exchange cleared products include:
The power industry, coal producers, and financial counterparties engage in the U.S. coal market for price risk management and trading opportunities. The market centers on standardized exchange-traded products, which offer real-time price signals for off-spec physical transactions and export trading activity. Actively traded markets for both bilateral and exchange cleared products include:
CENTRAL APPALACHIAN BARGE: Central Appalachian coals transported by barge on the Ohio and Big Sandy rivers. Bilateral and exchange cleared (CME and ICE).
CENTRAL APPALACHIAN RAIL: Coals transported by rail on the CSX or Norfolk Southern railroads. Bilaterally traded.
POWDER RIVER BASIN: Western U.S. coal, including contracts for 8400 Btu and 8800 Btu. Bilateral and exchange cleared (CME and ICE).
OPTIONS: Physical and financially settled option structures available on all products mentioned above. Bilateral and exchange cleared (CME and ICE).
ILLINOIS BASIN: Coals originating from the Midwest and transported by barge on the Ohio River. Bilateral and exchange cleared (CME and ICE).
OTHER US PRODUCTS/IMPORTS-EXPORTS: Evolution Markets brokers physical trades of coal from other freight districts and specs, using price information from standardized trading products to determine a price basis differential.
We also specialize in export transactions from the U.S., as well as the import of coals into the U.S.
To learn more about U.S. coal markets, contact: +1 (914) 323 0250, coaldesk@evomarkets.com.
Evolution Markets provides expert, efficient brokerage services for the European coal market. With a team of coal industry insiders and commodity brokerage veterans, Evolution Markets offers a truly global perspective on the market. We act as an introductory broker facilitating futures transactions via voice brokerage and the Trayport Trading Gateway platform. Products include:
API 2: Floating price futures contract for coal delivered to the ports of Amsterdam, Rotterdam, and Antwerp (ARA). The contract is settled based on the ARA Monthly Coal Price Index published by Argus/McCloskey.
API 4: Floating price futures contract for coal exported from Richards Bay, South Africa. The contract is settled based on the FOB Richards Bay Monthly Coal Price Index published by Argus/McCloskey.
NEWCASTLE: Financially settled futures contract for coal exported from the Newcastle Coal Terminal in Australia. The contract is cash settled based on the globalCOAL Monthly NEWC Index.
PHYSICAL PRODUCTS: Evolution Markets brokers physical trades of coal from other origins and delivery points using price information from standardized products to price coal from different origins and specs.
To learn more about European coal markets, contact: +44 (0) 207 264 4550, londoncoal@evomarkets.com.
PHYSICAL PRODUCTS: Evolution Markets brokers physical trades of coal from other origins and delivery points using price information from standardized products to price coal from different origins and specs.
To learn more about European coal markets, contact: +44 (0) 207 264 4550, londoncoal@evomarkets.com.
Evolution Markets facilitates the export of coals from Indonesia, Australia, South Africa, and the U.S. to Asia. Our team of brokers has deep experience in global coal markets, and works in tandem with our European and U.S. coal brokerage teams. Products include:
Evolution Markets facilitates the export of coals from Indonesia, Australia, South Africa, and the U.S. to Asia. Our team of brokers has deep experience in global coal markets, and works in tandem with our European and U.S. coal brokerage teams. Products include:
API 5: Financially settled contract for coal exported from Newcastle, Australia. The contract is settled based on the FOB Newcastle Monthly Coal Price Index published by Argus/McCloskey.
API 8: Financially settled contract for coal delivered to Southern China. The contract is settled based on the CFR South China Monthly Coal Price Index published by Argus/McCloskey.
INDONESIAN SUB-BITUMINOUS: Floating price contract for sub-bituminous coal exported from the Indonesian port of Kalimantan. The contract is settled based on the McCloskey Indonesian Sub-Bituminous FOB marker.
INTERNATIONAL PHYSICAL COAL: Evolution Markets provides introductory brokerage and structured transaction services for physical shipments of coal into Asia utilizing its extensive worldwide network of producers, end-users, and shippers.
To learn more about Asian coal, contact: +65 6637 8809, asiacoal@evomarkets.com