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statementThe cost of physical coal volumes with a calorific value of 6,000 kcal/kg (cif Amsterdam–Rotterdam–Antwerp (ARA)) last week exceeded $150/t for the first time in three years.argus_price_agencystatementIn the broader seaborne coal market in Europe, prices reached new multi-year highs amid shrinking global supply and improving prospects for coal burning due to falling temperatures on the continent.argus_price_agencypredictionPlanned demand for household and municipal coal in Kazakhstan this heating season is forecast at 7.3 million tonnes, 154 thousand tonnes less than the previous year, as gasification expands and energy supply companies have sufficient stocks.argus_price_agencystatementEnergy coal production in Kazakhstan in September fell 0.3% year-on-year to 9.47 million tonnes, continuing a downward trend.argus_price_agencystatementEarlier this month Polish trading companies were selling Kazakh coal fraction 5–25 mm on the retail market at $376/t, significantly higher than $233/t about six weeks earlier.argus_price_agencystatementPrices for Kazakh energy coal fraction 0–300 mm delivered to Poland in offers over the last two weeks were $291.60–314/t (dap), a significant increase from $185/t (dap) about five weeks earlier, as the Polish energy coal market approached a deficit.участники рынкаstatementArgus experts examine the key drivers of prices, demand and trade flows in the copper and rare metals markets.ArgusstatementArgus experts examine Kazakhstan's growing role in global supply chains of critical minerals.ArgusstatementArgus experts examine the consequences of China's export restrictions for the tungsten and rare earth element markets.ArgusstatementArgus experts examine the role of molybdenum, sulfur and sulfuric acid in the profitability of copper smelters.ArgusstatementArgus experts examine the situation on the copper concentrate market and its impact on processing economics.ArgusstatementImports of tungsten concentrate from Kazakhstan to China grew by 241% year on year.argus_price_agencystatementAbout 65% of global molybdenum production comes from a by-product of copper mining.argus_price_agencypredictionThe price of copper on the LME in 2026 exceeded $14,000/t and approached $15,000/t.argus_price_agencystatementCargoes with loading in 14-45 days sold at an average premium of $1.73/bbl to Brent futures on the ICE exchange, while the equivalent WTI premium in Houston was $0.28/bbl.argus_price_agencystatementPrices for seaborne WTI cargoes strengthened during September thanks to demand from Europe, Asia and Africa.argus_price_agencystatementThese quotations also take into account Cold Lake crude; outright quotations fell by almost $6/bbl on average to about $74.20/bbl on the Gulf Coast in Texas and $72.85/bbl in Cushing.argus_price_agencystatementThe discount on the Gulf Coast in Texas averaged about $10.25/bbl, and in Cushing about $11.40/bbl, the largest since March 2023.argus_price_agencystatementArgus quotations for Western Canadian Select (WCS) in Houston and Cushing fell by about $4/bbl relative to the CMA Nymex futures for October compared with the previous trading month.argus_price_agencystatementHowever, October Mars cargoes were still selling at an average premium of about $1.80/bbl.argus_price_agency

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