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Thermal Coal Prices Under Pressure

 


June 10, 2024 - The international thermal coal market entirely shifted to the negative side, with prices for all origins declining, indicating a broad market downturn. Last week, the market was divided, with some origins experiencing price increases while others saw decreases. This week, South African and Russian coal prices, which had previously increased, remained weak as EU-delivered coal prices declined and the impact of geopolitical tensions was nullified.