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Rhine River Levels Continue to Rise

COAL

Rhine river water levels at the Kaub measuring point rose to 6.41m on Tuesday, up from 5.97m on Monday evening and the highest since 7 February 2021, WSA data showed, cited by Bloomberg.

  • High waters can prevent travel for coal barges under some bridges.
  • Germany’s EnBW has reduced output at hydropower facilities due to flooding in parts of Germany, the utility said on Monday, cited by Bloomberg.
  • Issues around the Neckar River and its tributaries have forced hydro power plants to reduce operations, it said.
  • The Rhine river remained closed to cargo shipping around Maxau and Mannheim in south Germany on Tuesday after heavy rains in the region, Reuters reported. The river had been closed to freight shipping over the weekend after heavy rains.
  • API 2 coal for July has edged lower today after rising to the highest so far this year on 3 June. Recent gains were likely driven by higher natural gas benchmark prices in Europe, as European coal demand remained sluggish.
    • Rotterdam Coal JUL 24 down 1.6% at 121.4 USD/MT
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