We explore the hypothesis that export policies and trade patterns of national players in the steam coal market are … model coal producing nations as strategic players. We explicitly account for integrated seaborne trade and domestic markets …. The global steam coal market is simulated under several imperfect market structure setups. We find that trade and prices …

accurately simulated with the non-competitive models suggesting that market equilibria in the international metallurgical coal … trade were subject to strategic behaviour of coal exporters. -- metallurgical coal trade ; market power ; oligopoly …

During the last decade, China has evolved into the largest consumer by far and one of the largest importers of coal …. The main driver for the increase in coal demand in China has been economic growth. Future Chinese growth rates, and … therefore coal consumption and coal imports, are highly uncertain, which may affect proffitability of new investments of …

market setting in the international market for metallurgical coal between 2008 and 2010, whose market structure provides … coal exporting firms compete against each other as Stackelberg leaders, while the remainders act as Cournot followers …

This article empirically analyzes supply-side and demand-side factors expected to affect innovation in clean coal …,648 clean coal innovators over the time period 1978 to 2009. The results indicate that on the supply-side a firm’s history in … clean coal patenting and overall propensity to patent positively affects clean coal innovation. On the demand-side we find …

The seaborne steam coal market changed in recent years. Trade volumes grew dynamically, important players emerged and … coal trade is not perfectly competitive as there is a large spread between marginal costs and prices and a low capacity … of strategic behaviour can predict market equilibria in international steam coal trade. -- Steam coal trade ; mining …

During 2007 and 2008 steam coal prices soared to unprecedented levels. Since then much has been speculated about the … drivers of these price peaks. This paper is concerned with the costs of steam coal allocation in the seaborne market and their … commodities used in coal mining and bulk carrier freight rates increased significantly, causing marginal costs to rise. However …

marginal costs of steam coal supply in Europe. Increasing Chinese demand for steam coal will lead to a growing need for … steam coal imports. Increased Chinese imports could significantly influence global trade market price levels which would … global steam coal market. For our assumption regarding production and transport cost evolutions, we rely on an input factor …

application to the international metallurgical coal market. Results may vary substantially between the different models. The … metallurgical coal market has recently made progress in moving away from long-term contracts and more towards spot market …