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Bull Run for Asian Coal & Gas Markets

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Global coal prices and seaborne coal trade conditions

Global coal prices mixed as Europe softens while Asia and Australia strengthen

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Russian coal exports by rail shifting east as western shipments decline

Russian coal exports shift east but rail constraints lock in long-term decline

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EU monthly coal imports seasonality showing post-2022 demand normalisation

European coal imports continue to normalise after 2022 surge

January 19, 2026

China power demand growth trajectory through 2026 supporting coal demand outlook

China coal demand set to rebound in 2026 as power demand growth accelerates

January 19, 2026

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