Actual
145.25
Daily Change
2.80 1.97%
Monthly
-3.42%
Yearly
32.59%
Q4 Forecast
146.99
Coal - Summary

Coal prices climbed to around $145 per ton, recovering from two-month lows as broader energy markets strengthened amid persistent geopolitical tensions in the Middle East. President Donald Trump stated that the US no longer need a deal with Iran and directed Vice President JD Vance to prioritize domestic matters over negotiations with Tehran. Meanwhile, Iran continues to insist that Washington must lift its naval blockade and remove sanctions against the country before agreeing to direct peace talks. Coal prices had previously surged to multi-year highs as elevated LNG prices, driven by the Middle East conflict, encouraged increased reliance on coal-fired power generation. Separately, the International Energy Agency projected in September that global coal consumption would reach a record level this year, despite ongoing efforts to shift toward cleaner energy sources and the continued closure of numerous coal-fired power plants across Europe and North America.

Coal - Stats

Coal rose to 145.25 USD/T on November 12, 2026, up 1.97% from the previous day. Over the past month, Coal's price has fallen 3.42%, but it is still 32.59% higher than a year ago, 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 November 15 of 2026.

Coal - Forecast

Coal rose to 145.25 USD/T on November 12, 2026, up 1.97% from the previous day. Over the past month, Coal's price has fallen 3.42%, but it is still 32.59% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal is expected to trade at 146.99 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 159.08 in 12 months time.



Price Day Month Year Date
Crude Oil 88.56 -0.180 -0.20% -6.87% 47.38% Nov/13
Brent 95.84 0.020 0.02% -9.64% 48.84% Nov/13
Natural gas 3.23 -0.1100 -3.29% 1.00% -29.26% Nov/13
Heating Oil 4.26 -0.0280 -0.65% -13.58% 68.25% Nov/13
Coal 145.25 2.80 1.97% -3.42% 32.59% Nov/12
EU Gas 90.96 -1.31 -1.41% 4.38% 191.06% Nov/13
UK Gas 227.01 -3.6400 -1.58% 6.25% 175.63% Nov/14
Bitumen 4,413.00 47.00 1.08% -5.10% 45.21% Nov/13
Ethanol 1.80 0.0425 2.41% -10.77% 4.80% Nov/13
Uranium 90.25 -0.3000 -0.33% 0.28% 16.90% Nov/13
Cobalt 33,525.00 0 0% -14.79% -30.98% Nov/12
Lead 1,894.55 9.35 0.50% -0.25% -8.46% Nov/13
Aluminum 3,009.00 -9.90 -0.33% 0.65% 5.21% Nov/13
Tin 46,897.00 245 0.53% -7.04% 27.48% Nov/13
Zinc 3,702.85 -20.30 -0.55% -0.48% 22.67% Nov/13
Nickel 15,905.00 -310 -1.91% 2.41% 6.89% Nov/13
Palladium 1,007.50 16.00 1.61% -8.12% -28.34% Nov/13


Coal
Coal is one of the most widely used energy sources globally, particularly for electricity generation and industrial processes such as steel production. Despite the growth of renewable energy, coal remains a key component of the global energy mix, and its prices are closely monitored due to their impact on power generation costs and industrial activity. Coal futures are traded on major exchanges, including the Intercontinental Exchange (ICE) and the New York Mercantile Exchange (NYMEX). A widely referenced contract is the Newcastle coal futures contract listed on ICE, which represents 1,000 metric tonnes. On the supply side, China is the largest producer and consumer of coal globally. Other major producers include the United States, India, Australia, Indonesia, Russia, South Africa, Germany, and Poland. Leading exporters include Indonesia, Australia, Russia, United States, Colombia, South Africa, and Kazakhstan. Coal prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
145.25 142.45 457.80 48.40 2008 - 2026 USD/MT Daily

News Stream
Coal Gains on US-Iran Tensions
Coal prices climbed to around $145 per ton, recovering from two-month lows as broader energy markets strengthened amid persistent geopolitical tensions in the Middle East. President Donald Trump stated that the US no longer need a deal with Iran and directed Vice President JD Vance to prioritize domestic matters over negotiations with Tehran. Meanwhile, Iran continues to insist that Washington must lift its naval blockade and remove sanctions against the country before agreeing to direct peace talks. Coal prices had previously surged to multi-year highs as elevated LNG prices, driven by the Middle East conflict, encouraged increased reliance on coal-fired power generation. Separately, the International Energy Agency projected in September that global coal consumption would reach a record level this year, despite ongoing efforts to shift toward cleaner energy sources and the continued closure of numerous coal-fired power plants across Europe and North America.
2026-11-13
Coal Declines Amid Weakness in Energy Markets
Coal prices fell to around $140 per ton, hitting over two-month lows as crude oil and LNG prices dropped sharply amid growing optimism that efforts to end the US-Iran conflict could gain momentum. The decline followed a Democratic sweep in the US midterm elections, which could limit military spending in the Middle East. President Donald Trump acknowledged that the war contributed to Republican defeats, while stating that there were no immediate plans to intensify attacks on Iran. Coal had previously climbed to multi-year highs as elevated LNG prices linked to the Middle East conflict encouraged greater reliance on coal-fired power generation. Meanwhile, the International Energy Agency projected in September that global coal demand would reach a record level this year, despite continued efforts to transition toward cleaner energy sources and the closure of numerous coal-fired power plants across Europe and North America.
2026-11-05
Coal Hits 24-month High
Coal increased to 152.45 USD/T, the highest since October 2024. Over the past 4 weeks, Coal gained 2.63%, and in the last 12 months, it increased 38.06%.
2026-10-30