2024 Review and Outlook for Thermal Coal Prices

Three solid years ahead. Higher demand and limited supply point to modestly higher prices.

The beginning of the year is always a good time to take stock of what’s happened over the prior 12 months. So it’s time to review and then forecast what’s ahead for thermal coal markets, which I plan on doing each December/January. I’ll try to touch on all the major markets and pricing points around the globe. I’ve added a lot of charts in this piece as…