# Natural gas and coal: Plunging prices

> Natural gas and coal prices have fallen sharply this year, while oil has recovered. European and Asian LNG spot prices are down more than 50% from their September peak. The World Bank attributes the decline to weak demand and a sharp rise in LNG exports from the US and Australia.

- Date: 2019-05-07 · published 2019-05-07T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/59268-natural-gas-and-coal-plunging-prices
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Rising LNG export capacity and weak demand are pushing global gas prices lower, which weighs on energy input costs for feed and processing. Prices are expected to recover somewhat as demand improves.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-06-03 | [Natural gas prices could go negative on global oversupply](https://feedsoft.ai/events/52798-natural-gas-prices-could-go-negative-on-global-oversupply.md) | +2.8% | +4.8% |
| NATGAS | 2021-03-12 | [Asia and LNG Are Disrupting Europe’s Natural Gas Price Model - Bloomberg](https://feedsoft.ai/events/48283-asia-and-lng-are-disrupting-europe-s-natural-gas-price-model-bloomberg.md) | -8.1% | -6.7% |
| NATGAS | 2023-03-20 | [Global Natural Gas Prices Keep Falling as Demand Weakens, Banking Crisis Weighs on Markets – LNG Recap](https://feedsoft.ai/events/37032-global-natural-gas-prices-keep-falling-as-demand-weakens-banking-crisis-weighs.md) | -10.6% | -5.7% |
| NATGAS | 2018-07-12 | [Natural gas: deflating times ahead \| articles \| ING THINK](https://feedsoft.ai/events/64220-natural-gas-deflating-times-ahead-articles-ing-think.md) | -3.5% | +3.9% |
| NATGAS | 2024-04-24 | [Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan \| Reuters](https://feedsoft.ai/events/30918-pressure-on-gas-and-lng-prices-to-help-switch-from-coal-says-j-p-morgan-reuters.md) | +7.7% | +52.8% |

## Sources

- blogs.worldbank.org: https://blogs.worldbank.org/en/developmenttalk/natural-gas-and-coal-plunging-prices

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.