Covered Commodity and Power Product
API2 Rotterdam Coal
ATW · ICE API2 Rotterdam Coal monthly futures · USD per metric tonne
Current futures price$135.90
Current signal
- The Oct26 API2 Rotterdam Coal futures contract is trading at 135.9 USD per metric tonne, based on ICE delayed data.
- The current price reflects a positive movement of 1.25 USD per tonne, representing a 0.93% increase.
- Market activity is currently monitored via ICE delayed futures feeds, with no additional supply or demand data available in the current evidence window.
What changed
- The contract price moved upward by 1.25 USD per metric tonne in the latest session.
- This shift represents a 0.93% gain for the Oct26 delivery month.
- The price adjustment occurs within a 7-day observation window, though specific drivers for this move are not present in the current data set.
Why it matters
- API2 Rotterdam Coal serves as a primary benchmark for European thermal coal pricing, influencing regional energy cost expectations.
- Movements in this benchmark impact the cost basis for power generation and industrial heating inputs across the European market.
- As a cash-settled futures contract, price volatility directly affects hedging costs for utilities and industrial consumers relying on coal-fired generation.
Bullish factors
- The contract shows positive price momentum with a 0.93% increase in the latest session.
- Evidence limitation: No specific supply or demand data is available to support further bullish analysis.
Bearish factors
Evidence limitation: No specific bearish indicators, such as inventory builds or demand destruction, are present in the current evidence set.
Key catalysts
Evidence limitation: No specific catalysts, such as geopolitical events, weather forecasts, or inventory reports, are available in the current evidence.
Key risks
Evidence limitation: No specific risk factors, such as supply chain disruptions or regulatory changes, are identified in the current evidence.
Upcoming reports
Evidence limitation: No specific upcoming events or scheduled releases are provided in the current evidence.
Latest verified updates
- ICE public delayed futures data confirms the Oct26 contract is priced at 135.9 USD per metric tonne as of the latest observation.
- The contract is officially recognized as the ICE API2 Rotterdam Coal monthly futures, denominated in USD per metric tonne.
Sources
ICE public delayed futures data
- CME GroupOfficialofficial futures contract and settlement context
- CFTCOfficialofficial positioning data
- EIAOfficialofficial U.S. energy inventories, supply, and demand
- OPECOfficialofficial oil-market publications
- IEAOfficialglobal energy demand and supply analysis
- LBMAOfficialprecious-metals benchmark and market data
- World Gold CouncilAnalyst Opiniongold demand, flows, and market structure
- USGSOfficialofficial mine supply and minerals data
- ICEOfficialofficial TTF gas and API2 coal contract specifications
- EEXOfficialofficial German and European power contract information
- PJM Data MinerOfficialofficial PJM load, LMP, constraint, and outage data
- ERCOTOfficialofficial ERCOT load, price, reserve, and generation data
- ENTSO-EOfficialofficial European load, generation, and cross-border power data
- GIE AGSIOfficialofficial European gas-storage observations
- World Nuclear AssociationReportednuclear fuel-cycle and uranium supply context
- Reuters CommoditiesReportedprofessional commodity-market reporting
- S&P Global Commodity InsightsAnalyst Opinionprofessional supply, demand, and price opinion
- ING THINK CommoditiesAnalyst Opinionprofessional commodity strategy opinion
- Public commodity discussionSocial Signalunverified commodity sentiment and claims requiring confirmation
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