Argus Insight Paper | Coal Outlook 2024

Coal prices fell sharply in 2023, with API 2 prices ending the year just above $100/t. Supply disruption last year was less severe than in 2021-2022, while demand in the Atlantic markets was suppressed by coal-to-gas fuel switching. In this Insight Paper Argus looks at what to expect in the global thermal coal markets.

 

Some of the key themes include:

1. Will China’s break-neck pace of imports continue?

2. What are production prospects from Indonesia?

3. Will European coal demand rebound from the 2023 low?

 

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Argus Coal Outlook 2024 - Download

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