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Coal switching measures across Asia as countries increase coal generation, restart plants and lift capacity limits during LNG supply disruption

Coal switching accelerates in Asia as LNG markets tighten

Turkish coal imports in Jan–Feb 2025 and Jan–Feb 2026, showing Russian volumes down to 4.0 mio t and market share down to 65.6%.

Russian coal exports to Turkey down 31% in Jan–Feb 2026

Russian coal train crossing a desert landscape on the route to China

Russian rail coal exports to China via border crossings plunge 22.6% in Q1 2026

Coal stockpiles and bulk carriers at a coal export terminal

Global coal prices decline as Europe weakens, China stays flat and Australia falls

API2 Rotterdam Coal Futures chart showing global coal prices falling, with May 2026 coal futures near $105.75 after a sharp weekly decline.

Global coal prices fall as API2 drops sharply and thermal coal markets soften

Bar chart showing U.S. weekly coal production at 9.765 million short tons for April 4, 2026, compared with 10.168 million a week earlier and about 10.134 million a year earlier.

US coal production weekly update | Week ending April 9

Bar chart comparing coal and solar levelised cost of electricity across ASEAN countries in 2024

Coal economics in Southeast Asia’s energy crisis

Line chart showing annual US electric power coal consumption declining from around 1 billion short tons in the early 2000s to about 400 million short tons by 2024.

US coal plays strategic role in energy security

Line chart showing monthly changes in U.S. coal stocks held by the electric power sector, with inventory builds in early 2026 and smaller draws later in the year.

U.S. coal outlook 2026 shows lower power burn and stock builds

Bar chart showing India’s projected imports of coking coal, PCI, and met coke from 2022 to 2030, with steady growth led by coking coal demand.

India met coke market outlook highlights steel growth and import trends

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