大宗商品_短期抬升动力煤与铝价-Commodities_ Lift near-term Thermal coal & Aluminium prices

ab 11 March 2026 Global Research Commodities Lift near-term Thermal coal & Aluminium prices Thermal coal: lifting 2026 price driven by gas-to-coal support We raise our 2026 thermal coal price (NEWC) forecast by 10% to $126/t while keeping our forecasts for 2027/28 unchanged at this point. Since the Iran conflict started on 28- Feb, the European gas price is up ~50%, the Brent crude price is up ~30% while NEWC thermal coal price is up ~15%. On 4-Mar, our energy team raised the near-term oil price forecasts b ...