Global Coal Prices May Dip Slightly in 2027 – Deputy Energy Minister

Dmitry Slavov said the sector’s financial performance is influenced by global prices, coal export volumes and fluctuations in the ruble exchange rate.

Moscow, October 15. /TASS/. Russian Deputy Minister of Energy Dmitry Islamov told reporters on the sidelines of the 2026 Russian Energy Week International Forum: The international price of thermal and metallurgical coal may decrease slightly next year.

"Regarding price conditions for next year, we expect these conditions to remain the same. Prices may be only a few percent lower," he said.

Earlier, Islamov told TASS that the sector's financial performance is affected by global prices, the volume of coal exports and fluctuations in the ruble exchange rate. The profit margins of Russian coal exporters moving east have increased from zero to 10-15%, while those moving west have increased to 2-10%.

The International Forum of Russian Energy Week will be held in Moscow from October 14 to 16. The Roscongress Foundation is the organizer of the event. TASS is the information partner of the Russian Energy Week.