Insight
The case for coal to LNG switching in Japan and South Korea: nearly there?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The recent uptick in coal prices has narrowed the price differential to spot LNG in Japan and South Korea, two primary market for the traded fuel in Asia. Both fuel types are going through a different price cycle. While coal prices have strengthened in the past few months on the back of supply reforms in China and production cutbacks elsewhere after years of losses, spot LNG, though stable, is under pressure due to emerging supply glut. Quite a contrast, and ideal recipe for competition! But, we are not there yet! Why?
Table of contents
- How sustainable is the coal price recovery?
- Can spot LNG fall further?
- So if there is an economic case, will utilities switch?
Tables and charts
This report includes the following images and tables:
-
Historical switching and fuel pricesScreening curves for Japan and South KoreaFactors influencing coal-to-gas switching in Japan and South Korea
What's included
This report contains:
Other reports you may be interested in
Insight
Thermal coal: 5 things to look for in 2026
A mix of familiar challenges and emerging shifts merging for global seaborne thermal coal markets
$1,100
Asset Report
Coal Company Report - Westmoreland Canadian coal mines
Westmoreland Mining Holdings LLC Canadian operations
$2,550
Asset Report
Grande Cache (Surface) coal mine
A detailed analysis of the Grande Cache Surface coal mine.
$2,550
