Stagnant Coal Markets Try to Find Foothold Amidst Weak Demand

Oversupply and Sliding Prices Causing Consternation

This week’s coal market rundown is pretty long, so rather than release it in separate chats, we decided to just put out a full post.

We’ll start off by taking a look through the global coking coal market, which remains under pressure as weak steel demand and oversupply continue to weigh on prices. Both the Asia-Pacific and Atlantic markets reflect fragile fundamentals, with no clear recovery in sight – at least in the near term – and futures markets reinforce that flat-to-bearish outlook.