- A strategic partnership in Kazakhstan focuses on raw materials and green hydrogen.
- Kazakhstan and Poland are discussing deepening their strategic partnership regarding raw materials and the application of Polish industrial technologies for battery projects.
Kazakh Thermal Coal Prices Rise Amid Tightening European Supply
What happened
Offers for Kazakh thermal coal delivered to Poland rose to $291.60-$314 per ton over the past two weeks, according to Argus. This increase reflects tightening supply in the European market, which was approaching a supply deficit. Separately, Kazakh thermal coal production fell 0.3% year-on-year in September.
From trend.az
Why it matters
The price spike reflects a shortage of available coal in the European market. Broader European seaborne coal prices reached multi-year highs due to tightening global supply and improved prospects for coal-fired power generation as temperatures declined.
Kazakhstan and Poland are currently discussing deepening their strategic partnership regarding raw materials and the application of Polish industrial technologies for battery projects.
From trend.az
Who's involved
- KazakhstanProducer and exporter of thermal coal
- PolandMarket consumer of thermal coal
- EuropeThe continent where global coal supply is tightening
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- KazakhstanSpeculative
Market price increases for thermal coal could boost export revenue.
- PolandSpeculative
Tightening supply and price rises might increase energy costs in the Polish market.
- EuropeSpeculative
Tightening global supply could drive up input costs for coal-fired power generation.
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The entities involved
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Kazakhstan
sovereign state in Eastern Europe and Central Asia
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Poland
country in Central Europe