U.S. Coal Available For Export
Below is our FOB mine price and general specifications for both Steam and Metallurgical Coal - subject to change.
We are sorry to announce but as of 01/01/2012 Packson Atlantic will no longer offer CIF terms to new clients.
Transportation assistance is offered under separate contract and charter by sister corporation should you request it.
Minimum Spot or Term purchase: 10,000/MT
PRICE & SPECIFICATION 04/27/2012
Northern Appalachia Steam
$66.05/MT FOB
13,000 Btu, 3.0 SO2
Central Appalachia Steam
$61.40/MT FOB
12,500 Btu, 1.2 SO2
Illinois Basin Steam
$52.00/MT FOB
11,800 Btu, 5.0 SO2
Powder River Basin Steam
$8.90/MT FOB
8,800 Btu, 0.8 SO2
High Quality Met (Metallurgical)
$150.40/MT FOB
Upon review of above, should you require a full disclosure including current price quote and SGS Report, please feel free to submit your request along with contact credentials and include Proof of Funds Letter drawn on U.S. Bank evidencing value equal to or greater than intended monthly purchase.
MODERN HISTORY
Coal has many important uses worldwide. The most significant uses are in electricity generation, steel production, cement manufacturing and as a liquid fuel. Around 6.1 billion tonnes of hard coal were used worldwide last year and 1 billion tonnes of brown coal. Since 2000, global coal consumption has grown faster than any other fuel. The five largest coal users - China, USA, India, Russia and Japan - account for 77% of total global coal use.
Different types of coal have different uses. Steam coal - also known as thermal coal - is mainly used in power generation. Coking coal - also known as metallurgical coal - is mainly used in steel production.
The biggest market for coal is Asia, which currently accounts for over 65% of global coal consumption; although China is responsible for a significant proportion of this. Many countries do not have natural energy resources sufficient to cover their energy needs, and therefore need to import energy to help meet their requirements. Japan, Chinese Taipei and Korea, for example, import significant quantities of steam coal for electricity generation and coking coal for steel production.
Other important users of coal include alumina refineries, paper manufacturers, and the chemical and pharmaceutical industries. Several chemical products can be produced from the by-products of coal. Refined coal tar is used in the manufacture of chemicals, such as creosote oil, naphthalene, phenol, and benzene. Ammonia gas recovered from coke ovens is used to manufacture ammonia salts, nitric acid and agricultural fertilisers. Thousands of different products have coal or coal by-products as components: soap, aspirins, solvents, dyes, plastics and fibres, such as rayon and nylon. Coal is also an essential ingredient in the production of specialist products.
