Actual
148.85
Daily Change
-0.60 -0.40%
Monthly
0.57%
Yearly
42.37%
Q4 Forecast
152.00
Coal - Summary

Coal futures climbed to around $150 per ton, hovering near the highest levels since September 2023 after Australia’s High Court rejected an appeal by Mach Energy Australia over the planned expansion of its coal mine in NSW. The court found that planning authorities had failed to adequately account for emissions generated by customers who burn the mine’s coal. Minerals Council of Australia executive Tania Constable said the ruling could significantly undermine investment and send a negative signal to Australia’s trading and investment partners about sovereign risk, potentially putting future supply under pressure. Meanwhile, global coal demand is expected to reach a record this year as gas supplies face disruptions linked to the Iran war. The IEA said in its Coal Mid-Year Update 2026 that higher LNG prices caused by the Strait of Hormuz blockade are encouraging economies such as China, India, Japan, South Korea and parts of Europe to rely more heavily on coal-fired power generation.

Coal - Stats

Coal fell to 148.85 USD/T on October 9, 2026, down 0.40% from the previous day. Over the past month, Coal's price has risen 0.57%, and is up 42.37% 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 11 of 2026.

Coal - Forecast

Coal fell to 148.85 USD/T on October 9, 2026, down 0.40% from the previous day. Over the past month, Coal's price has risen 0.57%, and is up 42.37% 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.



Price Day Month Year Date
Crude Oil 92.44 0.170 0.19% -8.82% 55.39% Oct/11
Brent 105.36 0.150 0.14% -0.30% 66.39% Oct/11
Natural gas 3.19 0.0333 1.05% 10.04% 2.20% Oct/11
Heating Oil 4.69 -0.2001 -4.10% -5.45% 108.52% Oct/11
Coal 148.85 -0.60 -0.40% 0.57% 42.37% Oct/09
EU Gas 80.25 1.40 1.78% -2.19% 149.46% Oct/09
UK Gas 199.64 3.9700 2.03% -2.65% 142.78% Oct/09
Bitumen 4,752.00 -117.00 -2.40% -8.24% 47.17% Oct/09
Ethanol 2.01 -0.0325 -1.59% -2.07% 13.70% Oct/09
Uranium 90.00 0.1500 0.17% -0.22% 14.07% Oct/09
Cobalt 39,245.00 0 0% -10.17% -2.91% Oct/08
Lead 1,889.70 26.15 1.40% -0.66% -6.33% Oct/09
Aluminum 3,055.65 14.15 0.47% -6.83% 11.13% Oct/09
Tin 51,447.00 -2832 -5.22% -6.83% 38.82% Oct/08
Zinc 3,801.55 90.35 2.43% -1.91% 26.89% Oct/09
Nickel 15,700.00 150 0.96% -5.56% 3.19% Oct/09
Palladium 1,151.00 24.50 2.18% -12.00% -25.60% Oct/11


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
148.85 149.45 457.80 48.40 2008 - 2026 USD/MT Daily

News Stream
Coal Hits Three-Year High
Coal futures climbed to around $150 per ton, hovering near the highest levels since September 2023 after Australia’s High Court rejected an appeal by Mach Energy Australia over the planned expansion of its coal mine in NSW. The court found that planning authorities had failed to adequately account for emissions generated by customers who burn the mine’s coal. Minerals Council of Australia executive Tania Constable said the ruling could significantly undermine investment and send a negative signal to Australia’s trading and investment partners about sovereign risk, potentially putting future supply under pressure. Meanwhile, global coal demand is expected to reach a record this year as gas supplies face disruptions linked to the Iran war. The IEA said in its Coal Mid-Year Update 2026 that higher LNG prices caused by the Strait of Hormuz blockade are encouraging economies such as China, India, Japan, South Korea and parts of Europe to rely more heavily on coal-fired power generation.
2026-10-07
Coal Hits 23-month High
Coal increased to 152.20 USD/T, the highest since October 2024. Over the past 4 weeks, Coal gained 1.52%, and in the last 12 months, it increased 43.2%.
2026-10-06
Coal Hits 16-week High
Coal increased to 150.00 USD/T, the highest since June 2026. Over the past 4 weeks, Coal gained 1.33%, and in the last 12 months, it increased 41.86%.
2026-10-05