By Organization for Economic Cooperation & Development
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The chart illustrates that the sharp increase in seaborne transportation rates that was experienced beginning in the late-Summer of 2003 is reflected in the Japanese and EU-15 markets import values in 2003 and 2004. 29 summarise movements in average monthly spot coal prices in two coal consuming regions and two coal producing countries. The price statistics are estimated by The McCloskey Coal Group Ltd and published in McCloskey’s Coal Report on a fortnightly basis. The estimates are based upon surveys of actual spot transactions in the importing and exporting regions.
57/t. 77 for previous years for Japan and EU. Export Unit Values Export unit values reflect the price of coal at the point of exiting a producing country; thus, the price includes the transportation cost of moving the coal from the producing mine to the point of exit; however, it excludes the international transportation cost. 72 are “free on board” (FOB) for Australia, Canada, Columbia, Indonesia and South Africa; and “free at shipside” (FAS) for the United States. The value in FOB countries includes the cost of loading at the port of exit, while it is excluded in the data for the United States.
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