German coal-fired power generation has now overtaken gas amidst soaring energy prices in recent months. Futures prices indicate that coal may prove the cheaper option for power generators until 1Q 2022.

Australian coal exports for July totaled 33.2 MMT in July increasing by 24% YoY and the highest monthly total so far in 2021.

Indonesian coal exports totaled 38.7 MMT in July, rising by 26% YoY. Indonesian coal trade has seen a resurgence in 2021, particularly to China, as countries deal with extreme heat and look to stockpile ahead of the winter months when energy demand is at its highest.