Newcastle coal futures were near $140 per tonne, approaching two-year lows of $125 touched on June 19th, tracking the broader decline in energy benchmarks and a more optimistic supply outlook. India's Coal Ministry reported a remarkable surge in coal production during September 2023, reaching 67.21 million tonnes, reflecting a strong 15.81% increase compared to the same period in 2022. Coal India Limited (CIL) played a key role in this production boost, contributing 51.44 million tonnes in September 2023, marking a substantial 12.63% growth over September 2022. Furthermore, cumulative coal production for the fiscal year 2023-24 up to September, exhibited a significant rise reaching 428.25 million tonnes representing a 12.06% increase from the previous fiscal year 2022-23. Additionally, with easing whether conditions, demand for energy has subsided from its peak.

Historically, Coal reached an all time high of 457.80 in September of 2022. Coal - data, forecasts, historical chart - was last updated on October of 2023.

Coal is expected to trade at 148.38 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 167.01 in 12 months time.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
Width
Height
 Preview

Coal


Price Day Month Year Date
Crude Oil 87.48 -0.207 -0.24% -3.42% 4.76% Oct/16
Brent 90.55 -0.339 -0.37% -2.94% 0.41% Oct/16
Natural gas 3.16 -0.0771 -2.38% 5.26% -52.95% Oct/16
Heating Oil 3.19 -0.0194 -0.60% -1.00% -13.42% Oct/16
Coal 143.85 1.20 0.84% -10.37% -63.35% Oct/13
TTF Gas 52.10 -1.88 -3.49% 51.12% -59.29% Oct/16
UK Gas 132.15 -4.5500 -3.33% 50.99% -43.10% Oct/16
Bitumen 3,940.00 -18.00 -0.45% 2.07% -5.52% Oct/13
Ethanol 2.28 0.0300 1.33% -4.80% -5.98% Oct/13
Cobalt 33,420.00 0 0% 0% -35.68% Oct/16
Lead 2,064.75 0 0% -9.30% 0.11% Oct/16
Aluminum 2,195.50 -4.00 -0.18% -1.10% -1.50% Oct/16
Tin 25,087.00 275 1.11% -3.12% 25.88% Oct/13
Zinc 2,459.00 13.00 0.53% -3.27% -14.22% Oct/16
Nickel 18,284.25 0 0% -6.79% -14.60% Oct/16
Palladium 1,151.51 3.62 0.32% -6.84% -42.43% Oct/16
Iron Ore 62% fe 118.57 1.15 0.98% -1.65% 23.60% Oct/13


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
143.85 142.65 457.80 48.40 2008 - 2023 USD/MT Daily