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Russian Coal Exports Come Roaring Back After EU Loosens Curbs

  • October shipments jumped to near highest since at least 2017
  • EU eased restrictions on shipping Russian coal in September

Russia’s seaborne coal exports returned to near the highest levels on record after the European Union loosened restrictions on transporting the commodity, making it easier to redirect volumes to Asia. 

Shipments in October were almost 16.6 million tons -- just shy of the level in June, which was the highest since at least 2017, figures from analytics firm Kpler show. Exports have slipped a bit since then, in line with normal seasonal volatility.