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

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

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, to reset your password go to the�Platts Market Center to reset your password.

In this list
Coal

Turkish thermal coal users, awaiting higher sulfur cap, still look to Colombia

Energy | Natural Gas Risk | Oil | Metals

Market Movers Europe, Sep 24-28: Market eyes response to OPEC/non-OPEC meeting; Iran sanctions could hit UK gas field

Coal

Platts Global Coal Alert

Oil | Crude Oil | Oil Risk | Petrochemicals | Aromatics | Olefins | Petrochemicals Risk | Polymers | Solvents & Intermediates

S&P Global Platts University (at MEEPEC)

Coal

German energy research budget gets 45% boost to Eur6.4 billion

Turkish thermal coal users, awaiting higher sulfur cap, still look to Colombia

With Turkey expected to raise the sulfur cap on imported thermal coal but not having done so yet, consumers have been looking to continue restocking with Colombian material instead of waiting to be allowed to buy high sulfur, high-CV US coal, sources said Wednesday.

Not registered?

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

Register Now

The new cap being considered would allow utilities to import thermal coal with a sulfur content of up to 3%, with current level at 1%-2%, depending on specific utilities' allowances, according to a survey of market participants.

The ministry of energy and natural resources was not available for comment.

"We know it [higher sulfur cap] is coming, but when is a mystery," said a sell-side source of Colombian material.

The source said some utilities in Turkey initially held off from purchasing due to the likelihood of an increase in the sulfur cap but now the decision timeline was looking lengthy, some utilities were coming round to the idea of procuring Colombian coal again.

A Turkey-based source said he had no option but to buy Colombian coal as the lengthy decision-making process has led to consumers like him ruling out buying US coal for now.

In 2017, Turkey imported 32.98 million mt of thermal coal, up 8.4% year on year with Colombian coal accounting for 51.4% of that volume and US coal less than 1%.

S&P Global Platts assessed the weekly CIF Turkey 6,000 kcal/kg NAR 90-day price at $95/mt Friday.

--Piers De Wilde, piers.de.wilde@spglobal.com
--Edited by Dan Lalor, daniel.lalor@spglobal.com