Competition from natural gas and climate change regulations dominate the outlook for North American thermal coal. The super abundance of natural gas developed from new technologies applied to tight oil and shale gas have driven North American natural gas prices down sharply. Cleaner burning and efficient, natural gas can often generate electricity less expensively than coal in much of US. The competitiveness of natural gas is significantly reducing the demand for coal to generate electricity – a market segment that makes up 90% of coal demand in North America. Natural gas/coal competition will dominate coal market fundamentals in the near-term.
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Global coal markets are facing extraordinary challenges and uncertainties. Factors such as global overcapacity, weakening demand and falling prices have created cautious investors. These factors have caused delays and cancellations of many mine and infrastructure projects, as well as lower growth rates at others.
This Thermal Coal Market Long Term Outlook report gives global and regional coal producers, consumers, transporters and investors detailed supply, demand and price forecasts for the coal industry, covering all the key domestic markets in North America, China and India.
Use this report to gain a better understanding of market dynamics, including revenue and demand potential for different coals. It will also help you identify trade patterns and changes affecting the thermal coal markets.
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Commodity market report | Dec 2015
North America coal long-term outlook H2 2015
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