Slumping global coal and liquefied natural gas prices will be under further pressure as rising Indian coal production exacerbates a glut of powergeneration fuel. The prospect of higher output from India, which is forecast to overtake China as the world?s largest importer of thermal coal, will likely cause a 10% contraction in seaborne trade of the fuel by 2020. The oversupply of coal and gas and weakening electricity demand prompted Goldman to lower its price forecasts for thermal coal and spot liquefied natural gas.