According to the latest report released by the International Energy Agency, global coal demand will reach a new high this year due to factors such as “gas to coal” caused by a sharp rise in natural gas prices and the strong El Niño phenomenon driving up refrigeration demand; next year's trend will mainly depend on whether liquefied natural gas transportation through the Strait of Hormuz can resume. The media quoted a report released by the IEA on September 10, local time, as pointing out that rising natural gas prices, compounding the El Niño phenomenon, are driving up electricity demand for air conditioners, and global coal consumption will reach a record high this year. Meanwhile, the report quoted the IEA as predicting that global coal production will drop by 0.7% in 2026 due to high inventories and policy measures to suppress output.

According to the latest report released by the International Energy Agency, global coal demand will reach a new high this year due to factors such as “gas to coal” caused by a sharp rise in natural gas prices and the strong El Niño phenomenon driving up refrigeration demand; next year's trend will mainly depend on whether liquefied natural gas transportation through the Strait of Hormuz can resume. The media quoted a report released by the IEA on September 10, local time, as pointing out that rising natural gas prices, compounding the El Niño phenomenon, are driving up electricity demand for air conditioners, and global coal consumption will reach a record high this year. Meanwhile, the report quoted the IEA as predicting that global coal production will drop by 0.7% in 2026 due to high inventories and policy measures to suppress output.