During the first two months of 2025, thermal coal demand weakened due to a 6% y/y decrease in electricity generation from coal.
Total electricity generation fell 1% y/y amid an unseasonably warm winter, and generation from renewable sources continued to rise. Coking coal demand dropped due to a 1% fall in steel production.
“We estimate that coal shipments to China will show a 15% fall y/y during the first quarter of 2025, reaching a three-year low. Seaborne cargoes have slowed due to weaker...
https://container-news.com/chinese-coal-imports-expected-to-fall-15-to-three-year-low-bimco/