Hard coal price in Europe is the lowest in 13 months, in Poland since August 2022
The price of coal fell in 2023! This is good news, because the price of a ton of coal in Poland has increased from PLN 800-1000 per ton to PLN 3000-4000 per ton – this is the average price of environmentally friendly pea coal, nut coal or pea coal at the end of 2022. Hard coal In Europe it is currently the cheapest in 13 months. Coal price in Poland is the lowest since August 2022.
Contents
- Coal price 2023 in Poland
- What is the price of coal in March in the supermarket?
- How much do you pay for coal in the warehouse?
- Coal price in PGG
- Coal prices in the world – ARA prices
- Is it worth buying coal now?
The distribution of coal by municipalities and intermediary coal entities – under the preferential purchase law – has led to a significant reduction in the prices offered in the market by private entities From 4-3.5 thousand PLN per ton about 2000 PLN per ton. Today, coal is available at affordable prices to everyone throughout Poland. The raw materials will be delivered to the municipalities until the end of the heating season – subject to demand – as explained by Prime Minister Mateusz Morawiecki at the Toruń Coal Commission in January 2023.
Coal price 2023 in Poland
Let us remind you that since 2021 coal has become more expensive 400%from level 800-1000 PLN per ton up to 3000-4000 PLN and more. Already from the middle of 2022 Environmentally friendly charcoal price It jumped to an average of 3,000 PLN per ton. Moreover, the availability of lignite coal was very limited. The average household needs 3 to 5 tons of coal for the winter.
At the end of 2022 and the beginning of 2023, coal prices began to decline.
What is the price of coal in March in the supermarket?
Charcoal prices are the highest in supermarkets. For example:
- In Castorama eco-pea charcoal or walnut charcoal costs about 50 PLN for a 20-kilogram bag,
- In Leroy-Merlin you have to pay 55 PLN for eco-friendly pea charcoal in a 25kg bag, 40 PLN for walnut charcoal in a 20kg bag,
- In OBI, eco pea charcoal in a 20 kg bag costs PLN 45, and a ton of eco pea charcoal in a bag is PLN 2249. Walnut charcoal is also available at the same price.
How much do you pay for coal in the warehouse?
– Within a few weeks, the price of coal in private warehouses fell from more than PLN 3,500 per ton to the level of the price at which local governments supply coal, i.e. 2000 PLN per ton – announced Deputy Minister for Assets Karol Rabanda in January. Government intervention in the market has been effective. A kind of price speculation has ended (…) due to lack of supply, – he added.
Karol Rabanda noted that state-owned companies have already imported 14 million tons of coal, thanks to which this fuels not only homes, but also the energy and heating sectors.
“This is probably a record amount, given the capacity of Polish ports. Thanks to this, we have secured coal – not only the much talked about, that is, coal for homes, but to a large extent in energy industry, heating, small enterprises (… ), and, for example, public institutions, such as schools in small towns, ”- reported Rabinda.
The deputy minister added that the “coal gap” that has existed in Poland for many years and which was filled by private entities has been successfully eliminated. We have reversed delivery directions from the east to other directions – Rabinda confirmed.
– As a result of sanctions, as well as other measures of the government and state-owned companies, we have made Poland 100% independent of Russian coal, – he noted.
Coal price in PGG
In the online store for individual customers Polish mining group – the largest coal producer in Poland – various types of coal and pea coal are offered, as well as fine coal. The coal price here is very reasonable.
Coal prices from the PGG website for February 10, 2023:
- Pieklorz, Karlik Eco-Peas in Bags – PLN 1770, tons
- Pieklorz, Karlik Ekogroszek Bulk – PLN 1520.00 / ton
- Greenpal Ekomił – 1335 PLN / ton
- Walnuts and peas – 1420 PLN / ton.
It should be noted that in 2022 the PGG online store introduced approx Half a million orders for about 1.5 million tons of coal and fine coal According to company information.
Last year, before the launch of the preferential coal sales program by local governments, the PGG online store was the main distribution channel for heating coal for homes – hence the record year in terms of coal sales for the PGG online store.
It should be noted that since mid-November 2022, the PGG store has been selling only bagged charcoal and fine charcoal. The company states that this is due to the coal being redirected from the online store to the coal distribution needs of local governments.
Shopping sessions in the PGG Online Store are scheduled daily from 4:00 PM to 5:00 PM. If stock is still available, your next shopping session may begin at 6:00 PM. Premium charcoal is on display in the store on Mondays, Wednesdays, and Fridays, and packaged charcoals are on Tuesdays and Thursdays.
Coal prices in the world – ARA prices
According to the current data March 7, 2023 In ARA ports, the price of a ton of coal is 125.5 USD, i.e. approx. 559 PLN per ton. There is still a downward trend.
Is it worth buying coal now?
The problem is that the coal that flows to us from different parts of the world must be sorted, Wiborgza points out. He also cites the words of Prime Minister Mateusz Morawiecki, who admitted that only a fifth of what goes to the ports is suitable for smoking at home.
Therefore, in order to replace what has ceased to come from Russia, it is necessary to import 40 million tons of raw materials. According to government estimates, we currently import 14 million tons. Of this, 2.8-3.5 million tons are suitable for domestic needs.
The situation is so serious that in order to buy 1 million tons of coal for homes, Poland has to import 4 million tons of good coal, Wyborgza writes, and from this it can be concluded that stability in the coal market is only apparent. It is very likely that there will be a coal crisis in the next heating season, so it might be worth considering buying more coal.
What after inflation in Poland?
Turn on the podcast and find out where it can stop.
Listen to “It was really bad last time in 1997. What’s next for inflation?” on Speaker.
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