Ust-Luga coal exports are facing growing indirect risks after repeated drone attacks on the port. The port of Ust-Luga on the Gulf of Finland has come under four drone attacks over the past week — on March 25, 27, 29 and 31. Local governor confirmed damage at the port but said the consequences had been […]
The Russian coal industry is facing mounting financial pressure in 2026 as losses deepen and more companies approach shutdown. Net losses of Russian coal companies in January 2026, according to preliminary data, amounted to 0.3 bln USD, which is 5 times higher than the January 2025 figure (62 mio USD). The share of unprofitable companies […]
Global coal prices moved higher this week as European, Chinese, Australian, and metallurgical coal indices strengthened amid energy market volatility and firmer demand. The coal market saw an upturn: indices in Europe bounced higher; in China, coal became more expensive; in Australia, thermal and metallurgical quotations strengthened. European thermal coal indices bounced back above 112 […]
Russian coal exports to China fell sharply in January-February 2026. In January-February 2026, Russian coal supplies to China dropped to 10.8 mio t (-1.8 mio t or -14.3% vs. Jan-Feb 2025), according to the General Administration of Customs of China (GACC). The decrease in Russian coal supplies resulted from serious logistical issues, high railway tariffs, […]
Russian coal industry losses are expected to deepen further in 2026 as market and cost pressures intensify. The Ministry of Energy forecasts that losses of Russian coal companies may reach 7 bln USD in 2026, up 27% from last year. In 2025, net losses amounted to 5.4 bln USD, which is 3.5 times higher than […]
Global coal prices showed divergent movements: indices in Europe continued to decline; in China, coal became more expensive; in Australia, both thermal and metallurgical coal quotations rose. European thermal coal indices continued to correct downward, falling below 112 USD/t. Prices came under pressure from a broad decline in energy prices amid de-escalation, following a temporary […]
US coal production reached 10.205 million short tons for the week ended March 14, while year-to-date output increased 2.2%, EIA data shows. US coal production showed mixed momentum in the latest weekly EIA report, as weekly output declined but year-to-date production remained higher. The agency reported national coal production at 10.205 million short tons for […]
Seaborne coal demand in 2026 is being shaped by weaker Chinese imports, lower Indonesian exports, and stronger demand from India. Global seaborne coal flows fell by more than 1% in February, with China importing about 25 million tonnes, down 10% year on year. At the same time, Indonesia’s coal exports dropped by almost 13%, tightening […]
Seaborne coal trade flows are shifting as geopolitical disruption drives higher coal prices, rising freight costs and surging gas prices across global energy markets. While gas-to-coal switching is supporting demand in some regions, weaker import economics and cost pressures are making seaborne coal trade flows more volatile and harder to predict. Seaborne coal trade flows […]