Global coal prices diverge as weaker demand meets persistent supply tightness

API2 Rotterdam coal futures fall to $136.50 per tonne for October 2026

Global coal prices moved in different directions as weaker demand pressured European, South African and Australian markets, while supply constraints continued to support Indonesian, US and parts of the Russian coal trade. European forward prices eased as gas weakened and a milder winter outlook reduced near-term support, while South African prices retreated further as buyers resisted elevated offers. Chinese buyers […]

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