EconomyExpert expects thermal coal demand to decline in 2027-2028
Global thermal coal consumption is expected to fall over the next two years as a market surplus emerges, NEFT Research consulting partner Alexander Kotov told TASS. He said prices surged in 2026 amid Middle East-related transport costs and supply disruptions, but the factors supporting them are fading. European demand will keep declining as renewable capacity expands.
Expert expects thermal coal demand to decline in 2027-2028