Coal’s Price Seen Stunted at Year-End Amid Glut: Energy

Plentiful supplies of coal used to generate electricity are poised to cap prices for the fuel near the lowest in five years, even as demand rises heading into the Northern Hemisphere winter.

Power-station coal at the port of Newcastle in Australia, the world’s second-biggest exporter, will be little changed in the three-month period starting Oct. 1, according to UBS AG and Bank of America Corp., even as utilities in Asia buy more toward the end of the year. Prices gained 8.1 percent in the fourth quarter of 2013 and 7.6 percent in the same period of 2012.