Coal prices to remain elevated before gradual long-term easing

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

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 […]

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