Global coal prices diverge as supply tightness offsets softer Asian demand

API2 Rotterdam coal futures at $139.65 per tonne for October 2026

Global coal prices moved in different directions as supply disruptions continued to support several markets while Asian demand showed signs of cooling. European coal touched multi-year highs on stronger gas prices and winter procurement before easing late in the week, while South African values slipped as buyers resisted elevated offers. Chinese thermal coal buying became more cautious as domestic prices […]

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