European coal prices have come off their 2022 highs but prices remain volatile

Coal stocks at the Amsterdam-Rotterdam-Antwerp (ARA) transshipment hub dropped to their lowest since May 2022, as softer imports more than offset thinner regional consumption. Combined stocks at the ARA hub’s main ports fell by 8pc on the week to 5.2mn t as of 5 November, based on terminal data. This was 500,000t lower than the previous five-year average for the period. European hard coal imports fell by 7.5pc on the year in the first half of 2023, according to trade association Euracoal. Hard coal imports into the EU, including steam and coking coal, fell to 54.9mn t from January–June, compared […]