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HomeBusinessGlobal EconomyBlogsQuick Take: Thermal Coal Prices Rising
Quick Take: Thermal Coal Prices Rising
CommoditiesEnergyGlobal Economy

Quick Take: Thermal Coal Prices Rising

•February 17, 2026
The Coal Trader
The Coal Trader•Feb 17, 2026
0

Summary

In this brief episode, the host highlights a recent surge in API2 (Northwest Europe) thermal coal futures for March delivery, which have risen roughly $5 per metric tonne over five trading sessions, briefly breaching $108/mt before settling near $107.50/mt. The price rally is driven by concerns over potential supply cuts in Indonesia and the risk of disrupted Russian coal shipments through the Black Sea. The discussion underscores how geopolitical and regional supply dynamics are directly influencing coal market pricing.

Quick Take: thermal coal prices rising

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