Global coal prices surge as geopolitical tensions and gas rally boost demand

API2 Rotterdam coal futures chart showing recent price surge

Global coal prices rose sharply this week, driven by European fuel switching and strong demand from India. Supply tightness in major exporting regions further supported market strength. This week, global coal prices experienced significant upward pressure as Europe’s gas price rally encouraged utilities to switch from gas to coal. South African and Australian coal surged to multi-month highs, while Indonesian […]

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