In October Germany will bring back 10GW of coal fired power stations to the grid, which will add 2mt of coal demand per month.
The market has reacted with rising prices.
However, to put it into perspective, whilst this will be a 100% jump in German imports, it is only 2% of global seaborne flows and under 1 day of Chinese production.
Source: DBX Cimmodities
Leave a Reply