Analyzing coal flows is valuable, but stockpile data plays a crucial role in understanding fluctuations in coal price indices and explaining why the coal market has strengthened since May of this year, with API2 prices rising from $95/t to $120/t.

We have collected stockpile data from key hubs in the international coal market, including Europe, Russia, India, and China. This data reveals that stockpiles gradually increased to 144 million tons in May, up from 121 million tons in February of this year. However, since May, the trend has reversed, and stockpiles have started to shrink. Most of these changes are attributed to stockpiles held at Indian power stations and Chinese ports.

For real-time satellite-based insights on dry bulk commodities and to schedule an online demo, please contact DBX at info@drybulkx.com.

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