{"id":686581,"date":"2026-10-15T02:10:00","date_gmt":"2026-10-15T02:10:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=686581"},"modified":"2026-10-15T02:10:00","modified_gmt":"2026-10-15T02:10:00","slug":"asia-scrambles-for-coal-as-energy-crisis-sends-prices-to-two-year-high-ahead-of-winter","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=686581","title":{"rendered":"Asia Scrambles For Coal As Energy Crisis Sends Prices To Two-Year High Ahead Of Winter"},"content":{"rendered":"

Asia Scrambles For Coal As Energy Crisis Sends Prices To Two-Year High Ahead Of Winter<\/span><\/p>\n

\n

As the Northern Hemisphere winter quickly approaches, Asian thermal coal prices have climbed to two-year highs and could be on the cusp of a major breakout as utilities stockpile the dirty fuel amid disruptions to natural gas and crude product markets caused by the war in Ukraine and the Strait of Hormuz disruption.<\/p>\n

Newcastle coal futures, an Asian benchmark, are up more than 40% on the year and could surge even higher if the $150-a-ton level is sustained.<\/p>\n

Prices on Tuesday closed at their highest levels since August 2024.<\/p>\n

\"\"<\/a><\/p>\n

The combination of Ukraine decimating Russian refineries with drone attacks and the Strait of Hormuz disruptions to energy flows has sparked a global refining crisis that has encouraged utilities to switch from higher-priced natural gas and heating oil to cheaper alternative fuels such as coal.<\/p>\n

Morgan Stanley analysts led by Amy Gower wrote in a note last week that the global refining crisis has made “the long-term outlook for thermal coal demand more resilient<\/strong>.” They raised their long-term outlook for Newcastle export prices by 4% to $125 a ton.<\/p>\n

According to Bloomberg<\/a>, China’s coal output has fallen more than 3% in the\u00a0first eight months of the year after a deadly mining accident earlier this year triggered safety inspections and prolonged shutdowns.\u00a0<\/p>\n

Wood Mackenzie analyst Hangyu Li expects more Chinese mines to get the green light to restart, but any new production would come as a lag.<\/p>\n

“We expect more mines to gradually win approval to restart after about four months of suspension, but a quick rebound on production in the near-term is unlikely,” Li wrote in the note.<\/p>\n

Possible relief from a harsh winter could come from above-normal temperatures forecast across Asia because of a record-breaking\u00a0El Ni\u00f1o<\/a>, which would ease heating demand.\u00a0<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nWed, 10\/14\/2026 – 22:10<\/span><\/p>","protected":false},"excerpt":{"rendered":"

Asia Scrambles For Coal As Energy Crisis Sends Prices To Two-Year High Ahead Of Winter As the Northern Hemisphere winter quickly approaches, Asian thermal coal prices have climbed to two-year highs and could be on the cusp of a major breakout as utilities stockpile the dirty fuel amid disruptions to natural gas and crude product… Continue reading Asia Scrambles For Coal As Energy Crisis Sends Prices To Two-Year High Ahead Of Winter<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[17,22,13],"tags":[],"class_list":["post-686581","post","type-post","status-publish","format-standard","hentry","category-border-security","category-immigration","category-immigration-reform","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/686581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=686581"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/686581\/revisions"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=686581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=686581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=686581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}