Last week, thermal coal prices in Europe exceeded 135 USD/t reaching new 10-year highs, driven by the following factors: · tight coal demand in the European market, partly due to the low volume of supplies from Colombian exporters; · soaring spot electricity prices in a number of EU countries amid the recovery of business activity […]

In January-June 2021, Ukraine’s coal imports surged to 10.1 mio t (+1.5 mio t or +17% y-o-y). Ukraine received 7.1 mio t or 70% of its coal imports from Russia, 1.9 mio t or 18% from Kazakhstan and 1.1 mio t or 12% from the US. In June-July 2021, heat waves in Ukraine boosted coal-fired […]

Last week, coal prices in Europe climbed to their highest level in a decade, exceeding 135 USD/t. Limited supplies of the material and rebounding electricity usage amid heat waves in a number of EU countries lifted coal demand. TTF gas indices increased to 34.4 EUR/MWh (+2.0 EUR/MWh to July 07, 2021), which has a positive […]