Global coal market information portal

Russian coal exports to South Korea down 21% in December 2025

Editor
February 2, 2026

Russian coal exports to China drop 6.5% in 2025

Editor
February 2, 2026

Global coal prices diverge: Europe firmer, China softer, metallurgical coal surges

Editor
February 2, 2026

PREMIUM CONTENT

Data centres and coal linked by rising US data-centre electricity use and capacity projections

Data centres and coal: AI demand could slow the decline of US coal

Data centres and coal are becoming increasingly linked as AI-driven electricity demand accelerates across the US. The report finds that, under current policies, much of the incremental load from data centres is likely to be met by existing fossil generation — including coal — rather than new renewables. In practice, the AI boom could slow coal’s decline and keep older […]

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China coal demand trends and implications for Indonesian coal exports

China coal demand faces structural headwinds from weaker steel and construction sectors

China coal demand faces structural headwinds as weaker steel and construction activity weigh on industrial consumption. While power-sector coal use remains relatively resilient, softer heavy-industry conditions point to a structurally weaker demand outlook. At the same time, Indonesia is likely to remain the main beneficiary if Chinese coal imports rebound, given its continued dominance of China’s thermal coal supply. The […]

Pace of coal plant retirements versus new capacity additions in the US power system

The pace of coal plant retirements is putting US grid reliability at risk

This report warns that the speed of coal plant retirements is outstripping the deployment of firm replacement capacity, heightening reliability risks across parts of the US power system. While retirements support decarbonisation goals, they are reducing dispatchable baseload and system stability services that the grid still relies on during extreme conditions. The key takeaway is that the pace and sequencing […]

Global coal prices shown through the ICE API2 Rotterdam futures one-year price chart

Global coal prices edge higher as API2 regains $100/t

Global coal prices firmed at the end of January, with European API2 futures rebounding above the $100/t threshold after a volatile start to the year. Trading activity picked up into the front of the curve, suggesting renewed near-term buying interest despite still-fragile fundamentals. The move highlights how weather, gas prices, and power demand continue to drive short-term price swings. Global […]