Coal Rises to 5-Month High

EthereumCraftsman · 2026-01-30T19:44:47+00:00

Thermal coal futures from Australia rose to over $111 per tonne in January due to strong demand for power generation, especially as China plans to launch over 100 new coal power generators, despite a previous shift toward renewables. Meanwhile, Indonesia's coal output is projected to decrease significantly.

EthereumCraftsman

2026-01-30 19:44:47

Abstract generation in progress

Thermal coal futures out of Australian ports rose to above $111 per tonne in late January, the highest since August of last year, amid evidence of strong demand for power generation of all sources. China is due to launch more than 100 coal power generators this year, in addition to over 400 generators under construction. The increase signaled that the world’s top thermal coal consumer will continue relying on the fuel despite earlier signals that renewable sources were preferred, aligned with the global momentum of higher power-generation capacity to match stronger demand in datacenters and electric vehicle charging. Meanwhile, output from Indonesia is due to fall to 600 million tons this year from nearly 800 million tons last year amid lower imports from China and India.

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