Insight
Global thermal coal markets: 2021 in review
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
2021 was another rollercoaster year for global thermal coal markets. World economies were in recovery-mode in 2021, after a dismal year prior due to the pandemic. Stimulus spending led to a rapid recovery in coal demand from an abysmal 2020. However, coal producers were unable to keep pace, which resulted in record breaking prices. Please read on for a recap of the major events impacting thermal coal markets this year.
Table of contents
- Pandemic-driven stimulus super charged power demand
- Supply response lagged as producers recovered from 2020 lows
- Coal generation became more competitive as natural gas prices soared
- Record high coal prices in October
- COP26 plays out in stark contrast
- Scorecard for start of 2021 predictions:
Tables and charts
No table or charts specified
What's included
This report contains:
