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Category: Coal Demand

Bulk carrier vessel being loaded with coal at a Russian Baltic port terminal during sunset

Kazakh coal transshipment via Russian ports increased significantly in Q1 2026

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

India coal demand surges as imports approach turning point

Horizontal bar chart showing gas-to-coal switching potential and gas generation levels across countries including Poland, Netherlands, India, Germany, Japan, and China, measured in terawatt-hours.

Gas-to-coal switching rises as higher gas prices reshape power markets

Italy coal phase-out plans are under scrutiny

Freight train carrying coal at a rail yard in China, illustrating Russian coal exports to China and cross-border coal transport logistics.

Russian coal exports to China drop 14.3% in Jan-Feb 2026

Line chart showing year-over-year tonne miles analysis for 2023, 2024, 2025, and early 2026, with 2026 highlighted in blue and lower than previous years in the first quarter.

Seaborne Coal Demand in 2026: Asia’s Coal Trade Outlook

Line chart comparing seaborne coal prices and freight-adjusted coal costs into North and South China from January 2024 to March 2026

Seaborne coal trade flows shift as prices, freight and gas markets reshape demand

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