Newcastle coal futures dipped below $137 per tonne, stepping back from a three-month high of $141.75 on April 19th, aligning with global efforts to transition away from coal. Despite being the primary power generation source in 2023, coal faces a sharp decline in Europe, expected to halve within five years due to policy and economic shifts. European coal production, notably lignite, decreased in 2023, with major producers like Germany, Poland, and the Czech Republic seeing declines. Additionally, the downward trend in coal prices align with a broader shift toward cleaner energy sources and stricter environmental regulations. J.P. Morgan notes a surge in global natural gas supply and infrastructure, especially in Qatar and the U.S., facilitating the transition from coal to gas and reducing greenhouse gas emissions.

Coal decreased 10.65 USD/MT or 7.27% 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 April 26 of 2024.

Coal decreased 10.65 USD/MT or 7.27% 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 137.13 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 147.81 in 12 months time.



Price Day Month Year Date
Crude Oil 83.95 0.186 0.22% 3.19% 12.29% Apr/26
Brent 89.27 0.158 0.18% 4.52% 14.12% Apr/26
Natural gas 1.97 -0.0147 -0.74% 14.74% -16.29% Apr/26
Heating Oil 2.57 0.0137 0.54% -1.31% 9.18% Apr/26
Coal 135.75 0.25 0.18% 5.31% -28.61% Apr/25
TTF Gas 29.62 -0.29 -0.96% 6.96% -24.14% Apr/26
UK Gas 74.13 -0.6512 -0.87% 7.09% -18.12% Apr/26
Bitumen 3,748.00 15.00 0.40% 3.51% 1.30% Apr/26
Ethanol 1.71 0 0% 8.06% -29.48% Apr/25
Uranium 86.10 -2.7000 -3.04% -1.03% 60.34% Apr/25
Cobalt 27,830.00 0 0% -2.52% -20.33% Apr/25
Lead 2,240.00 23.00 1.04% 14.11% 5.57% Apr/26
Aluminum 2,602.50 23.50 0.91% 13.23% 12.23% Apr/26
Tin 31,836.00 -102 -0.32% 15.43% 24.44% Apr/24
Zinc 2,895.00 42.00 1.47% 18.79% 10.45% Apr/26
Nickel 19,409.50 218 1.14% 18.24% -19.34% Apr/26
Palladium 984.00 -8.00 -0.81% 0.07% -34.19% Apr/26


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
135.75 135.50 457.80 48.40 2008 - 2024 USD/MT Daily