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Global coal prices rise as supply constraints tighten markets across Europe and Asia

Editor
February 16, 2026

Russian coal exports to China by rail plunge 27% in December

Editor
February 16, 2026

Losses of Russian coal companies to reach 4.8 bln USD in 2025

Editor
February 16, 2026

PREMIUM CONTENT

API2 Rotterdam coal futures rising toward a six-month high amid global supply tightness

Global coal prices firm as supply tightness offsets uneven demand

Global coal prices remained firm during the week as supply tightness across key exporting regions continued to outweigh uneven demand signals. European API2 futures reached a six-month high while South African coal prices strengthened on steady Indian buying interest. The market tone remains driven by constrained availability and strategic inventory positioning rather than immediate consumption spikes. Global coal markets showed […]

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Coal reserves by country in Southeast Asia showing Indonesia dominating regional coal resources

Clean coal technology and the indispensable role of coal in ASEAN energy

Clean coal technology is emerging as ASEAN’s pragmatic response to the reality that coal-fired power is not going away anytime soon. As electricity demand rises and affordability remains critical, the focus is shifting to improving existing coal plants through efficiency upgrades and emissions controls. The report reviews policy options and technology pathways including HELE, co-firing and carbon capture. Clean coal […]

Quarterly U.S. coal production showing declining output from 2019 to 2025

U.S. coal market tightens as consumption rises and exports slip

U.S. coal exports in the third quarter of 2025 slipped slightly to 22.3 MMst, as weaker steam coal exports offset higher metallurgical shipments. Domestic coal consumption rose sharply, driven overwhelmingly by the electric power sector, while coal stockpiles declined quarter-on-quarter. U.S. coal market conditions strengthened in the third quarter of 2025 as rising domestic demand coincided with declining inventories and […]

Newcastle benchmark thermal coal price forecasts showing gradual easing after elevated levels

Coal prices to remain elevated before gradual long-term easing

Coal prices are projected to stay relatively high over the next few years before gradually declining toward long-term equilibrium levels. Consensus forecasts across thermal and metallurgical coal markets indicate that supply discipline, geopolitical risks and resilient demand—particularly from Asia—will continue to support prices in the near term. Over time, however, additional production capacity, shifting energy policies and structural changes in […]