Insight
Global thermal coal markets: 2021 in review
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:
Other reports you may be interested in
Commodity Market Report
Global thermal short-term outlook March 2024
External factors lift prices in an otherwise bearish market
$5,000
Commodity Market Report
Global thermal short-term outlook February 2024
Markets entering a pricing steady-state environment with little impetus for quick movement
$5,000
Insight
Global thermal coal: 2023 in review
We explore the surprising events that defined thermal coal markets in 2023
$1,100
