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Global commodities outlook: coal prices projected to decline

Global commodity prices are expected to decrease by 5 percent in 2025 and 2 percent in 2026, after softening 3 percent this year. However, coal prices are projected to fall throughout the forecast period as global consumption declines, led by China. The Australian coal price is forecast to fall by about 12 percent in both 2025 and 2026 (y/y), following […]

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coal-prices

International coal prices send mixed signals again

International thermal coal prices have shown a mixed bag of trends over the past week, driven by a push-and-pull of bullish and bearish factors across various markets. While prices from Europe, South Africa and USA took a downward slide, high-CV coal from Australia and Indonesia witnessed a firm uptick. On the demand side, the market remained lukewarm; Chinese buyers showed […]

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Commodities-as-weapons_Sukhanin_PAPER-v5-FINAL

Russian commodities as weapons

Russia’s coal industry is currently one of the Putin regime’s top cash cows. However, the cumulative effect of Western sanctions, decreasing coal consumption in Europe, and protective barriers erected by Russia’s Asia-based top customers have effectively made coal production in Russia economically unsustainable. It’s clear that importers of Russian goods and commodities have made a bargain with the devil. They […]

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Just transitions from coal in Colombia: between policy and reality

Thermal coal regions in Colombia face multiple challenges for an energy transition, given geopolitical tensions and severe global market fluctuations, as well as the costly environmental and social legacy of extractive activities and the repercussions of losing a significant industrial sector, affecting local and regional economies and communities. The current Colombian government has made commitments to establish a just energy […]

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