Newcastle coal futures dropped below $150 per tonne after reaching a 12-month high of $153 on October 7. This decline followed a weekend briefing by China's Finance Ministry, which did not boost market sentiment as its fiscal stimulus plan lacked specific details. Traders are skeptical that the measures announced by the Chinese government will be sufficient to stimulate growth in the world’s largest coal consumer. In other news, Semirara, the leading coal producer in the Philippines, revealed plans for a $5 billion expansion of its mining operations. Meanwhile, the United Kingdom has become the first G7 country to fully phase out coal-fired power, marked by the shutdown of a 2,000-megawatt plant in Nottinghamshire. In contrast, customs data indicated that China's coal imports reached a record high in September.

Coal increased 3 USD/MT or 2.05% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Coal reached an all time high of 457.80 in September of 2022. Coal - data, forecasts, historical chart - was last updated on October 14 of 2024.

Coal increased 3 USD/MT or 2.05% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal is expected to trade at 142.85 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 153.07 in 12 months time.



Price Day Month Year Date
Crude Oil 73.89 -1.670 -2.21% 5.42% -12.06% Oct/14
Brent 77.49 -1.547 -1.96% 6.52% -12.21% Oct/14
Natural gas 2.49 -0.1398 -5.31% 5.02% -28.36% Oct/14
Heating Oil 2.28 -0.0642 -2.74% 8.29% -25.19% Oct/14
Coal 149.40 -0.85 -0.57% 8.14% 4.73% Oct/11
TTF Gas 40.58 0.87 2.19% 18.28% -16.27% Oct/14
UK Gas 100.54 1.8694 1.89% 23.49% -17.02% Oct/14
Bitumen 3,440.00 41.00 1.21% 8.59% -9.66% Oct/14
Ethanol 1.55 0.0025 0.16% -8.82% -31.11% Oct/11
Uranium 83.20 -0.3000 -0.36% 3.94% 20.58% Oct/11
Cobalt 24,300.00 0 0% 0% -27.29% Oct/11
Lead 2,071.00 -29.00 -1.38% 1.59% -1.96% Oct/14
Aluminum 2,598.00 -40.00 -1.52% 2.75% 19.15% Oct/14
Tin 33,212.00 395 1.20% 5.75% 33.85% Oct/11
Zinc 3,094.00 -60.00 -1.90% 5.02% 26.49% Oct/14
Nickel 17,682.00 -216 -1.21% 8.59% -3.53% Oct/14
Palladium 1,020.00 -36.00 -3.41% -4.49% -10.80% Oct/14


Coal
Coal futures are available for trading in the Intercontinental Exchange and on the New York Mercantile Exchange. The standard GC Newcastle contact listed on ICE weights 1,000 metric tonnes. Coal is the major fuel used for generating electricity worldwide. The biggest producer and consumer of coal is China. Other big producers include: United States, India, Australia, Indonesia, Russia, South Africa, Germany and Poland. The biggest exporters of coal are: Indonesia, Australia, Russia, United States, Colombia, South Africa and Kazakhstan. Coal prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our coal prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
149.40 150.25 457.80 48.40 2008 - 2024 USD/MT Daily