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The global thermal coal market is in a state of crisis, grappling with an overwhelming oversupply and tepid demand. Producers are at a breaking point, burdened by escalating production costs, dwindling margins, and the looming threat of trade union strikes and higher taxes. Despite slashing prices in a desperate bid to clear stock, they are struggling to make sales. Major […]

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India’s total coal and coke imports surged 25.74% month-on-month (MoM) in March 2025 to 23.21 million tonnes, driven by a sharp rebound in non-coking coal and anthracite volumes. However, imports were 1.63% lower year-on year (YoY), suggesting intermittent demand moderation or inventory adjustments. YTD data suggests that despite the March surge, cumulative imports for 2025 so far remain 2.24% lower […]

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As critical gateways for trade, more than 150 million tonnes of cargo pass through North Queensland Bulk Ports each year with a total annual trade value of $53 billion – including 68% of Queensland’s coal exports. Metallurgical coal, a primary ingredient in steel making, accounts for more than 77% of coal volume through NQBP’s ports. This report highlights the crucial […]

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Europe’s role on the global stage is being challenged. It must adapt to geopolitical shifts, technological revolutions, and economic volatility. In addition, the climate crisis presents a threat to its future. The design of the future European energy system offers a solution to three challenges: energy affordability, energy resilience, and clean energy.

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India’s petcoke imports dropped to a six-month low in March 2025, signalling a notable cooling-off in seaborne demand despite early-year momentum. Total volumes fell to 1.13 MMT, down a sharp 23% MoM and 37% YoY. With this, India’s Q1 petcoke tally stood at 4.08 MMT—broadly flat compared to last year’s 4.11 MMT, edging lower by 0.8%. In short, while Q1 […]

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India’s coal and coke imports staged a sharp recovery in March 2025, rising to a nine-month high of 22.78 million metric tons (MMT). Despite a 5% YoY decline from 24.01 MMT in March 2024, imports rebounded 17% month-on-month (MoM) from February’s subdued level of 19.52 MMT.

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The global thermal coal market stayed on its downward path, as bearish sentiment on the buying side kept the pressure on. With importers sitting pretty on high inventories, most are keeping their wallets closed – and when they do step in, they’re driving a hard bargain, pushing for steeper discounts. On the other side of the table, miners are caught […]

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New demand from data centres is a significant near-term driver of growth for natural gas-fired and coal-fired generation, through both higher utilisation of existing assets and new power plants. Natural gas and coal together are expected to meet over 40% of the additional electricity demand from data centres until 2030. Global electricity generation to supply data centres is projected to […]

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Hardliners in China may view U.S. disengagement as justification for delaying costly structural reforms, particularly in carbon-intensive sectors such as steel, cement, and coal-fired power. There is also a risk of deepening fossil-fuel interdependence. During Trump’s first term, U.S.-China energy trade grew, with LNG exports forming a new axis of bilateral engagement. A similar dynamic may re-emerge, with U.S. energy exporters […]

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