A number of Australian steel-making coal mines may have struggled to sustain recent recoveries in output, potentially supporting prices of the commodity, according to a satellite-data consultancy.
Japan’s coal-power generation is rising while natural gas-fired output falls, as conflict in the Middle East chokes supplies of the less-polluting fossil fuel and sends prices higher.
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply of ships that haul bulk commodities.
