Coal-fired power as a security backstop in Europe’s grid
December 16, 2025
Global coal prices were mixed in early November 2025, reflecting diverging regional dynamics and shifting demand patterns. European API2 futures edged up to $96.7/t on lower gas prices and colder weather, while South African API4 softened to $86/t as export demand slowed. In Asia, Chinese thermal coal remained firm on winter heating needs, while Indian imports weakened amid robust domestic supply […]
