Global thermal short-term outlook September 2023
Strong demand from both power and industrial sectors in key Asian markets supported global coal prices across all CV ranges in September. As the winter season approaches and disruptions weigh on domestic and export coal output in the biggest coal-producing regions, we expect prices to stay elevated for the rest of 2023. How will the market behave amid growing Chinese demand in the near term? Will the supply be able to meet the demand and at what prices?