Coal prices rose by 31.0% in January

According to an analysis by the Agency for Industry Development and the Energy Exchange, energy coal prices rose by 31.0% month-on-month in January, while heat market prices fell by 8.0%. The Polish Steam Coal Market Index (PSCMI1) expresses coal prices for professional energy and industry, while the PSCMI2 index expresses coal prices for industrial and municipal heating plants. These indexes are based on monthly post-data and express the net price of coal "per wagon" at the loading point, without excise tax, insurance costs, or delivery costs.

In January, the PSCMI1 index improved its performance by 31.0% month-on-month to 701.11 PLN/t, while the PSCMI2 index decreased by 8.0% to 1,098.02 PLN/t. However, compared to January 2022, both indexes performed much better.

Source: PAP Business