Global coal prices show mixed trends amid tight supply and soft demand

API4 Richards Bay coal futures chart reflecting global coal prices, with Dec 2025 trading near USD 90.5

Global coal prices moved in different directions this week as regional fundamentals diverged across major markets. European API2 futures firmed on colder weather and stronger utility coal burn, while South African API4 prices climbed on tight December availability and winter restocking. Thermal coal showed mixed movements: China’s high inventories kept domestic and import demand soft, India’s consumption stayed subdued with […]

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