Global coal prices split as European winter demand firms and Asian buying softens

API2 Rotterdam coal futures rise to $122 per tonne for August 2026

Global coal prices showed mixed movements as European winter procurement supported API2 futures, while API4 and several Asian benchmarks weakened. Heatwaves improved Chinese demand late in the week, but India’s monsoon continued to limit imports, while petcoke and Russian coal remained firm. Australian, Indonesian and South African coal markets remained under pressure as cautious Asian buying, comfortable inventories and limited […]

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