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WHITEPAPER

Coal market outlook - Q4 2025 | Sept 2025

Coal market outlook - Q4 2025 | Sept 2025

Thermal and metallurgical coal markets will be shaped by a small set of fast‑moving, cross‑basin forces in the coming months.

What you'll learn:

  • What caused China's demand to collapse this year?
  • How oversupply in Asian market is impacting Atlantic basin?
  • Why Russian suppliers are maintaining exports with negative margins?

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