Trying to redirect supplies from the European to the Asian market, leading coal exporters face a slowdown in demand in India, Japan and South Korea, which leads to a price decline in the world's hottest coal markets.
Already severely hit this year by falling coal prices in Europe, Russian coal companies, in recent months have been faced with a decline in the Asian price premium. In May, the difference in export prices in the Baltic region and the Russian Far East exceeded $ 30 per ton, but in August it fell below $ 20, and in November - even below $ 15 (hereinafter Refinitiv data, unless otherwise indicated).
