European coal futures ignite on gas surge and geopolitical tensions

The international thermal coal market came under intense pressure this week, weighed down by a deepening supply glut and persistently weak demand. Coal prices have been on an upward trajectory over the past week, largely driven by a parallel rally in natural gas prices. The Dutch TTF natural gas futures also climbed to a two-and-a-half-month high, settling at EUR 37.90 […]