COAL MARKET
Original Paper
UDC 658.8:622.33(100) © T.G. Apal’kova, K.G. Levchenko,2022
ISSN 0041-5790 (Print) • ISSN 2412-8333 (Online) • Ugol’ – Russian Coal Journal, 2022, № 11, pp. 32-37
DOI: http://dx.doi.org/10.18796/0041-5790-2022-11-32-37
Title
MAJOR TRENDS IN THE GLOBAL COAL MARKET IN THE SHORT TERM
Authors
Apal’kova T.G.1, LevchenkoK.G.1
1Financial University under the Government of the Russian Federation, Moscow, 25993, Russian Federation
Authors Information
Apal’kova T.G., PhD (Economic), Associate Professor at the Mathematics Department, e-mail: TGApalkova@fa.ru
Levchenko K.G., PhD (Physics and Mathematics), Associate Professor at the Mathematics Department, e-mail: KGLevchenko@fa.ru" title="mailto: KGLevchenko@fa.ru">KGLevchenko@fa.ru
Abstract
The article examines the current role of coal as a key energy source on a global scale and the prospects for changes in the volumes, directions and prices of trade transactions of the main counterparties in the context of current changes in the global political environment. Based on the constructed regression model, conclusions were drawn about a significant increase in demand for coal in European countries, even if energy consumption remains at the level of 2021 due to the declared decrease in natural gas consumption. It is shown that the most significant structural changes in the global coal market are expected due to the growth in demand for coal in European countries, against which in April 2022 the EU announced an embargo on the import of Russian coal. The most probable changes in the inter-area trade movement are the possible partial redirect of Indonesian export to the European market and the increase in Russian exports to the countries of Asia-Pacific region.
Keywords
Global demand for coal, Import of Russian coal, Changes in the structure of the global coal market
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For citation
Apal’kova T.G.& LevchenkoK.G. Major trends in the global coal market in the short term.Ugol’, 2022, (11), pp. 32-37. (In Russ.). DOI: 10.18796/0041-5790-2022-11-32-37.
Paper info
Received August 30, 2022
Reviewed September 20, 2022
Accepted October 26, 2022
