BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber (https://pmc.platts.com), Please navigate to Platts Market Center to reset your password.

In this list
Coal

Turkey set to increase sulfur cap on thermal coal usage: sources

Fuel Oil | Marine Fuels

Off-spec Houston bunker fuel sparks contamination crisis

Coal

Platts Global Coal Alert

Oil | Crude Oil

Platts Workshop at the S&P Global Platts Energy

Coal

High-ash thermal coal cargoes on the move to Europe as Qinhuangdao prices bounce back

Turkey set to increase sulfur cap on thermal coal usage: sources

Turkey may raise the sulfur cap on thermal coal used by power utilitiesin coming months, a move that would open up the market to US exports, sourcessaid Tuesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The new cap being considered would allow utilities to import thermal coalwith a sulfur content of up to 3%, the sources said. The current level is1%-2%, depending on specific utilities' allowances.

Turkey's ministry of energy and natural resources was not available forcomment.

A Colombian material sell-side source said he was concerned as Turkey hasbeen a sizable market for him and the new cap would hand business to highersulfur, and thus cheaper, US material.

Turkey imported 29.4 million mt of thermal coal in the first 11 months of2017, of which 51% was Colombian origin and 41% Russian, customs data showed.

A Switzerland-based trader said one of the largest Turkish powerutilities -- which has been blending Colombian material with Russian -- hadhalted purchasing until the decision was made as it may be able to blend withhigh sulfur US coal.

The source said the utility will be able to switch production to allowhigher sulfur coal usage within a year.

A Turkey-based consumer said there was potential for prices to beaffected as an influx of higher sulfur material from the US would lower theseaborne price.

S&P Global Platts assessed the weekly CIF Turkey 6,000 kcal/kg NAR 90-dayprice at $103.50/mt Friday.

--Piers De Wilde, piers.de.wilde@spglobal.com

--Edited by Dan Lalor, daniel.lalor@spglobal.com