Global coal prices fall as fading risk premiums weigh on major markets

API2 Rotterdam coal futures fall to $133.55 per tonne for December 2026

Global coal prices weakened sharply as fading geopolitical risk premiums and lower gas and oil prices pulled European and South African futures lower. December API2 fell to about $133.6/t, while API4 dropped to $124.3/t, with buyers across Asia also remaining cautious as domestic supply improved and high import costs limited fresh demand. Chinese thermal coal buyers stayed cautious as stable […]

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