Coal price down 45% from Sep high, page-5

Disregarding the obvious point that a lot of (obviously new) investors have brought up regarding a sudden $100+ drop in coal price. We have seen a steady fall from $440USD to currently $250USD~. My question is, what is the cause for such a drop? I agree that $440 was not a sustainable price and would not continue. A lot of posters here seemed so sure that we'd see $3XX for 2023, and $250+ out till 2027. Indonesia banning/limiting exports, Russian ban, China resuming Australian imports all seem to point to bullish prices, or at the very least, a stabilisation at the $300USD a tonne. Yet we continue to see 2%+ drops each night, and up to 10% drops (last Wednesday). So what gives? My understanding is there is little change in electricity consumption throughout the year. Not enough to cause the price of coal to almost half in 2 months? And please don't hit back with the "at $200USD WHC/NHC etc are still printing cash" because $440USD and $200USD have very different profit margins.