Global thermal coal: how global powers are shaping the market

Development in India, China and the U.S are very much shaping the coal future in the short and medium term. In China, domestic coal remains oversupplied, with prices under pressure. However, import prices remain lower than domestic costs, keeping seaborne trade active. India: Power demand grew by just 5.8% in 2024, the slowest since COVID-19. Domestic coal production continues to […]