LNG cannot keep thermal coal down

LOWER LNG prices will not keep a lid on thermal coal prices in the medium term, according to research group Wood Mackenzie.

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LNG cannot keep thermal coal down LNG cannot keep thermal coal down LNG cannot keep thermal coal down LNG cannot keep thermal coal down LNG cannot keep thermal coal down

Thermal coal prices have been suppressed by LNG but they should make a comeback.

WoodMac head of thermal coal research Dale Hazelton said thermal coal prices utterly collapsed in 2019 driven downwards by dirt cheap LNG and strong renewables generation displacing coal in Europe.

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