Export prices for Russian coal have fallen sharply since last year’s surge, and exports have already become unprofitable in most destinations, at least on paper. Nevertheless, coal companies not only do not reduce, but also increase both production and exports. Experts attribute this to the fulfillment of contracts concluded last year at high prices. In addition, coal miners are hoping for a reversal in price trends in the autumn and do not want to bear the cost of cutting production. They are trying to cover current losses with income from the still profitable Far East direction.