{
    "success": true,
    "data": {
        "id": 1682690,
        "msgid": "coal-prices-rebound-amid-global-agencys-danger-warning-1776387051",
        "date": "2026-04-17 07:15:07",
        "title": "Coal Prices Rebound Amid Global Agency's Danger Warning",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Energy",
        "summary": "Coal prices have rebounded to US$125.75 per tonne, up 0.64%, following a 5.7% drop over the previous two days, driven by surging oil prices and persistent supply disruptions in the Middle East. Wood Mackenzie warns that reduced LNG flows through the Strait of Hormuz are pushing countries in Asia and Europe to revert to coal for energy security, overriding short-term decarbonisation goals, with examples including Taiwan restarting a 2.1 GW coal plant and Italy considering reactivation of its facilities. This shift highlights the ongoing tension between immediate energy needs and long-term climate commitments, potentially raising production costs by US$1-3 per tonne for every US$10 increase in oil prices.",
        "content": "<p>Coal prices have rebounded after two consecutive days of decline.\nAccording to Refinitiv, coal prices closed at US$125.75 per tonne on\nThursday (16\/4\/2026) trading, strengthening by 0.64%. This uptick ends\nthe coal\u2019s suffering from a 5.7% plunge over the previous two days. Coal\nprices are rising again in line with the increase in oil prices, which\nalso surged 4% on Thursday. The latest Wood Mackenzie analysis states\nthat prolonged disruptions to energy supplies in the Middle East are\ntriggering a new surge in demand and global thermal coal prices. This is\nbecause many countries are switching back to coal to maintain\nelectricity supplies amid limited LNG flows through the Strait of\nHormuz. Wood Mackenzie is a leading global energy research and\nconsulting firm based in Edinburgh, Scotland (UK). \u201cIn a supply shock of\nthis magnitude, coal becomes an important reserve for energy security,\u201d\nsaid Sushmita Vazirani, Principal Bulk Commodities Analyst at Wood\nMackenzie, quoted from Reuters. Although only a small portion of global\ncoal trade passes through the Strait of Hormuz, disruptions in this\nroute have a significant indirect impact on the energy market. Reduced\nLNG supplies are causing global gas prices to rise, prompting utilities\nand industries to return to coal for power generation. This shift is\nmost evident in Asia and Europe, where energy security is beginning to\noverride short-term decarbonisation targets. Taiwan is preparing to\nrestart the 2.1 GW Hsinta coal-fired power plant, which could consume\n5.5 million tonnes of coal per year. South Korea is raising its guidance\nfor Russian coal imports. Japan is expected to rely more on nuclear\npower, including the restart of the Kashiwazaki-Kariwa Unit 6 reactor,\nto reduce dependence on expensive LNG. In Europe, Italy is considering\nreactivating coal-fired power plant capacity. The ARA market is most\nvulnerable due to its reliance on gas imports, making the switch to coal\neven stronger. On the supply side, pressures are also mounting. Wood\nMackenzie notes that marginal production costs before the disruption\nwere around US$112\/tonne and are expected to rise due to higher crude\noil prices. Every US$10 increase per barrel in oil prices can raise coal\nmining costs by US$1-3\/tonne, particularly due to more expensive diesel\nfor heavy equipment and transportation. The return of coal demonstrates\nthe conflict between energy security and climate commitments. Although\nmany countries have pledged to reduce reliance on coal, current market\nconditions are forcing a temporary reversal. With the LNG market under\npressure and ongoing geopolitical risks, coal is once again becoming the\nworld\u2019s primary backup fuel.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/coal-prices-rebound-amid-global-agencys-danger-warning-1776387051",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}