A coal crisis has begun in Russia

According to open data, almost 50 million tons of products have accumulated at the warehouses.

What is important to understand is that this is actually 25% of all exports last year.

In key ports of the aggressor country, coal reserves exceed the average monthly figures by almost a quarter.

This year's reduction in turnover (coal) indicates a decrease in demand or problems with exports, which is leading to the accumulation of stocks. Until the balance is restored, the problem will persist, — one of the terminal management companies told reporters.

In addition, it is noted that excess coal stocks are observed among large producers or traders whose logistical or commercial chains are under pressure.

The oversupply problem is expected to persist at least until the end of this year, unless the situation with falling export demand for Russian coal improves and logistical difficulties are resolved.

According to experts, in order to free up warehouses and increase exports, a global increase in coal prices is necessary — only this can make export deliveries profitable.