In January-August 2025, net losses of Russian coal companies totaled 4 billion USD compared to losses of 1.2 billion USD in the same period a year earlier. Thus, losses for the first 9 months of 2025 exceeded almost 3 times overall losses in 2024, which totaled 1.44 billion USD. The share of loss-making companies also […]
Russian coal exports are undergoing a structural shift as Yakutia and Sakhalin play a growing role in overall supply. The total share of coal supplies from Yakutia and Sakhalin in Russian exports continues to steadily increase. In 2025, coal exports from Russia are forecasted to grow to 200 milo t (+5 mio t or +2.6% […]
Positive sentiment dominated global coal prices in the past week: prices in Europe firmed up; coal in China corrected downwards; in Australia, thermal material quotations moved in different directions, while metallurgical coal prices advanced. Over the past week, European thermal coal prices climbed to nearly 98 USD/t after falling a week earlier Quotations found support […]
Falling Indian coal demand continues to weigh on the dry bulk market, with power sector demand slipping and stockpiles building across both power plants and Coal India depots. Recent data shows one of the sharpest year-on-year drops in coal-fired generation this cycle, reinforcing a bearish pull on coal imports and voyage demand. India has emerged […]
Global coal prices were mixed across key regions: prices in Europe remained stable; coal in China saw modest growth; Australian thermal coal quotations posted significant gains, while metallurgical coal prices held flat. European thermal coal indices traded within a 95-97 USD/t range, closing Friday at 96 USD/t, virtually unchanged from the previous week. Pressure continued […]
In January–October 2025, Russian coal exports to China dropped to 73.1 mio t (-6.6 mio t or -8.3% vs. Jan–Oct 2024), according to General Administration of Customs of China (GACC). In October 2025, Russian coal supplies to China plunged to 6.8 mio t (-1.4 mio t or -9.7% vs. Oct 2024), marking the seventh consecutive […]
Kuzbass coal production declined 3.7% year-on-year in January–October 2025 as weak market conditions, logistics constraints and low margins pressured output. Several mining areas reported sharper reductions, signalling continued supply-side tightening heading into winter. Under the Ministry of Coal Industry of Kuzbass, in January-October 2025, coal mining enterprises in Kuzbass produced 157.6 mio t (-6.1 mio […]
Transshipment of Kazakh coal through Russian ports in January-October 2025 increased to 9.6 mio t (+2.5 mio t or +34% y-o-y). The main growth was seen in the Azov-Black Sea basin ports, which handled 3.4 mio t (+1.5 mio t or +83% y-o-y). Transit via Baltic ports rose to 6.2 mio t (+0.9 mio t […]
Global coal market dynamics were divergent across key regions: indices in Europe continued to correct downward; coal in China became more expensive; Australian prices for thermal material firmed, while metallurgical coal quotations declined. European thermal coal indices corrected downward to 96 USD/t. The decline was caused by falling gas prices, above-average temperatures, and increased wind […]