Coal futures traded around $150 per ton, hovering near a three-year high as elevated LNG prices, driven by supply disruptions linked to the Middle East conflict, continued to encourage a shift toward coal-fired power generation. With coal costing roughly 80% less than LNG, buyers in Asia and Europe have increased imports ahead of the winter season. The International Energy Agency also projected in September that global coal demand would reach a record high this year, despite ongoing efforts to transition to cleaner energy sources and the closure of numerous coal-fired power plants across Europe and North America. Meanwhile, Indonesia, the world’s leading coal exporter, tightened export restrictions, contributing to a 23% drop in shipments in August. The IEA expects Indonesian coal production to decline by more than 12 million tons this year, citing lower production quotas and policy uncertainty.
Coal rose to 150.40 USD/T on October 16, 2026, up 0.50% from the previous day. Over the past month, Coal's price has risen 3.90%, and is up 43.79% compared to the same time last year, 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 17 of 2026.
Coal rose to 150.40 USD/T on October 16, 2026, up 0.50% from the previous day. Over the past month, Coal's price has risen 3.90%, and is up 43.79% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal is expected to trade at 152.00 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 163.15 in 12 months time.