The South China coal spot price reached an average of *** U.S. dollars per metric ton in 2024. The peak price in the period of consideration was reached in 2022 at ****** U.S. dollars per metric ton as a result of growing energy demand when the world economy recovered from the coronavirus pandemic-induced slump.

China Coal stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Coal fell to 108.35 USD/T on December 1, 2025, down 1.86% from the previous day. Over the past month, Coal's price has fallen 1.14%, and is down 20.33% 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 - values, historical data, forecasts and news - updated on December of 2025.

China Producer Price Index: Coal data was reported at 88.400 Prev Year=100 in 2024. This records an increase from the previous number of 84.300 Prev Year=100 for 2023. China Producer Price Index: Coal data is updated yearly, averaging 106.400 Prev Year=100 from Dec 1980 (Median) to 2024, with 45 observations. The data reached an all-time high of 145.900 Prev Year=100 in 2021 and a record low of 84.300 Prev Year=100 in 2023. China Producer Price Index: Coal data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Producer Price Index.

China Settlement Price: ZCE: Thermal Coal: 4th Month data was reported at 801.400 RMB/Ton in 02 Dec 2025. This stayed constant from the previous number of 801.400 RMB/Ton for 01 Dec 2025. China Settlement Price: ZCE: Thermal Coal: 4th Month data is updated daily, averaging 551.000 RMB/Ton from Sep 2013 (Median) to 02 Dec 2025, with 2962 observations. The data reached an all-time high of 1,732.400 RMB/Ton in 19 Oct 2021 and a record low of 288.600 RMB/Ton in 25 Nov 2015. China Settlement Price: ZCE: Thermal Coal: 4th Month data remains active status in CEIC and is reported by Zhengzhou Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Zhengzhou Commodity Exchange: Commodity Futures: Settlement Price: Daily.

The global coal price index reached 145.08 index points in September 2025. This was a decrease compared to the previous month, while the overall fuel energy price index decreased. The global coal index expresses trading of Australian and South African coal, as both countries are among the largest exporters of coal worldwide. How coal profited from the 2022 gas crunch Throughout 2022, coal prices saw a significant net increase. This was largely due to greater fuel and electricity demand as countries slowly exited more stringent coronavirus restrictions, as well as fallout from the Russia-Ukraine war. As many European countries moved to curtail gas imports from Russia, coal became the alternative to fill the power supply gap, more than doubling the annual average price index between 2021 and 2022. Main coal traders and receivers Although China makes up by far the largest share of worldwide coal production, it is among those countries consuming the majority of its extracted raw materials domestically. In terms of exports, Indonesia, the world's third-largest coal producer, trades more coal than any other country, followed by Australia and Russia. Meanwhile, Japan, China, and India are among the leading coal importers, as these countries rely heavily on coal for electricity and heat generation.

The Report Covers the China Coal Market Outlook and is Segmented by Applications (power Generation (thermal Coal), Coking Feedstock (coking Coal), and Other Applications). The Report Offers the Market Size and Forecasts for Coal in Revenue (USD) for all the Above Segments.

The size of the China Coal Market was valued at USD 94.65 Million in 2023 and is projected to reach USD 106.14 Million by 2032, with an expected CAGR of 1.65% during the forecast period. Recent developments include: November 2022: The government of China extended long-term thermal coal supply contracts to all coal mines for 2023 and pushed power utilities to source more of their needs through such contracts to secure market supply and stabilize prices. The long-term contract will include all coal mining companies and coal-fired electricity and heating plants., February 2022: The eastern Chinese coastal province of Zhejiang approved the construction of a USD 840 million coal-fired power station. According to the Zhejiang Energy Group, the Phase 2 Project of the Liuheng Power Plant will help balance the province's energy supply and demand.. Key drivers for this market are: Increasing Electricity Demand, Rising Investments in the Coal Industry. Potential restraints include: Increasing Installation of Renewable Energy Sources. Notable trends are: The Power Generation Segment Expected to Dominate the Market.

Coal Price in China - 2023. Find the latest marketing data on the IndexBox platform.

China Market Price: Power Coal: 5500-6000 Calorie: Price at Mines data was reported at 560.000 RMB/Ton in Feb 2019. This records a decrease from the previous number of 565.000 RMB/Ton for Jan 2019. China Market Price: Power Coal: 5500-6000 Calorie: Price at Mines data is updated monthly, averaging 493.000 RMB/Ton from Apr 2014 (Median) to Feb 2019, with 59 observations. The data reached an all-time high of 631.000 RMB/Ton in Dec 2018 and a record low of 322.000 RMB/Ton in Jan 2016. China Market Price: Power Coal: 5500-6000 Calorie: Price at Mines data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: Market and Contract Price: Coal.

The price for one metric ton of Australian thermal coal amounted to an average of ****** U.S. dollars in 2024. This was a notable decrease compared to 2022, when the price amounted to over *** U.S. dollars. Thermal coal, also known as steam coal, is used to generate electricity and its properties include a high moisture and low energy content. It is differentiated from coking coal, or metallurgical coal, which is largely used for steel production. Thermal coal/steam coal prices tend to be lower than coking coal prices, as coking coal requires fewer impurities. Coal consumption: the leading consuming countries Between 2000 and 2023, global coal consumption increased by some ***** exajoules, amounting to roughly *** exajoules as of 2023. Today, China and India are the two leading coal consumers worldwide, at ***** and ***** exajoules, respectively. The two most populous countries on the planet thus accounted for over ********** of total coal consumption in 2023. The U.S. is a leading coal consumer despite the declining U.S. coal mining industry The United States was ranked ***** among the leading coal consuming nations in 2023, however, it has decreased its coal consumption for electricity generation considerably since 2007. This is largely the result of electric utilities switching to cheaper means of energy production such as natural gas and renewables, as well as growing concerns over greenhouse gas emissions. The U.S. coal mining industry has also been on the decline in recent years.

Discover the latest trends in the coal market driven by increasing demand in China. Learn about the projected growth in market volume and value over the next decade.

In 2024, the Chinese coal market decreased by -12.7% to $751.5B, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a modest expansion. As a result, consumption reached the peak level of $935.5B. From 2023 to 2024, the growth of the market remained at a somewhat lower figure.

Revenue for the Coal Mining Industry in China is expected to grow at an annualized 0.2% over the five years through 2024, to $425.1 billion in 2024. Revenue declined in 2020 and was largely due to demand moving away from coal in favor of cleaner energy sources, decreasing coal prices, competition from lower priced imported coal, and the COVID-19 pandemic. Coal shortage in 2022 caused sharp increase of coal prices, therefore, industry revenue increased to $432.2 billion, up by 7.3% from 2021.The industry has changed rapidly over the past five years. Extensive restructuring has prompted many mergers, acquisitions and exits. The Chinese Government has been offering incentives for smaller companies to leave the industry due to environmental and safety concerns. As a result, the number of industry enterprises has grown at an annualized 1.5% over the five years through 2024.Due to the impact of the COVID-19 pandemic, there have been significant fluctuations in exports related to trade policies and transportation logistics in the past few years. Exports are expected to increase at an annualized 3.9% over the five years through 2024 to total $1.2 billion. China's growing emphasis on natural resource reserves will lead to an increase in imports. Competing imports are estimated to increase at an average rate of 9.3% in the next five years. Competing imports will continue to rise as a share of domestic demand in the future.Industry revenue is forecast to increase at an annualized 0.9% over the five years through 2029, to total $444.7 billion. Under the industry policy's assistance such as “14th Five-Year” Modern Energy System Planning, the Coal Mining industry in China is expected to keep in a healthy and long-term development trend. As more industry assistance and support are provided to large-scale enterprises, mergers and acquisitions are projected to become more common over the period. The industry is anticipated to optimize resources for distribution and reduce waste and production costs. Industry output and demand are projected to become more balance over the next five years.

China Market Price: Coking Coal: 9th Grade: Price at Railway Station data was reported at 750.000 RMB/Ton in Dec 2018. This records a decrease from the previous number of 1,107.000 RMB/Ton for Nov 2018. China Market Price: Coking Coal: 9th Grade: Price at Railway Station data is updated monthly, averaging 973.000 RMB/Ton from Apr 2014 (Median) to Dec 2018, with 57 observations. The data reached an all-time high of 1,170.000 RMB/Ton in Jan 2015 and a record low of 750.000 RMB/Ton in Dec 2018. China Market Price: Coking Coal: 9th Grade: Price at Railway Station data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: Market and Contract Price: Coal.

Discover the latest trends in the coal market in China with an expected increase in consumption over the next decade. Forecasts show a steady growth in market volume and value, reaching 4,743M tons and $973.7B by 2035 respectively.

Power-law distribution in the ACFM-DWNs.

China Coal reported CNY124.92B in Market Capitalization this December of 2025, considering the latest stock price and the number of outstanding shares.Data for China Coal | 601898 - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last December in 2025.

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Metallurgical Coal Market Size 2025-2029

The metallurgical coal market size is forecast to increase by USD 99.6 billion at a CAGR of 4.8% between 2024 and 2029.

The metallurgical coal market is propelled by rising global steel demand, particularly in Asia Pacific, where infrastructure projects and smart city initiatives drive significant consumption. Technological advancements, such as 3D mine visualizers and proximity detection systems, enhance mining efficiency, supporting market growth. In North America, steady demand stems from automotive and construction sectors, while Europe's market thrives due to steel production in countries like Germany and Russia. Sustainability trends push for high-quality coal to support efficient, eco-friendly steel production. However, the volatility in prices of metallurgical coal, influenced by supply and demand dynamics and geopolitical factors, poses a significant risk for market participants.

Companies seeking to capitalize on the opportunities presented by this market must adopt strategic sourcing and pricing strategies. Additionally, investments in technological advancements, such as automation and mechanization, can help improve operational efficiency and reduce costs. Overall, the market offers substantial growth potential for companies able to navigate the price volatility and adapt to evolving market conditions.

What will be the Size of the Metallurgical Coal Market during the forecast period?

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The market encompasses the production and trade of coal used primarily in steel manufacturing. This market exhibits dynamic behavior, influenced by various factors. High-sulphur utilization and medium-ash applications in iron ore smelting remain significant drivers, while price fluctuations in thermal coal markets can impact metallurgical coal demand. Environmental concerns, including air pollution and mining safety, necessitate continued innovation in mining industry practices and technologies. Mining resources and reserves, mining sustainability, and mining equipment automation are essential considerations for market participants. Steel industry outlook, infrastructure development, and sustainable infrastructure projects, such as bridge construction and commercial space development, shape demand for metallurgical coal.
Renewable energy alternatives and sustainable mining practices are gaining traction, potentially impacting the market's future direction. Mining project management, equipment maintenance, and mining investment are crucial elements in the metallurgical coal supply chain. Steel production technology advancements and iron ore smelting processes continue to evolve, influencing the market's size and direction. The transportation and logistics sector plays a vital role in delivering coal to consumers, ensuring efficient and cost-effective solutions. Mining industry outlook remains positive, driven by the ongoing demand for steel and infrastructure development.

How is this Metallurgical Coal Industry segmented?

The metallurgical coal industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Steel making
  Non-steel making


Type

  Hard coking coals
  Semi-soft coking coals
  Pulverized coal injection
  Medium Coking Coal


End-User

  Iron and Steel Industry
  Chemical and Pharmaceutical
  Foundry Industry
  Non-Steel Production
  Power Industry


Geography

  APAC

    China
    India


  North America

    US
    Canada


  Europe

    France
    Germany
    Russia
    UK


  Middle East and Africa

    UAE


  South America

    Brazil


  Rest of World

By Application Insights

The steel making segment is estimated to witness significant growth during the forecast period.

Metallurgical coal plays a crucial role in steel manufacturing as it is the primary input for coke production in the blast furnace process and the electric arc furnace (EAF) route. Steel production, a key indicator of economic development, saw a 3.3% increase in global crude steel output to 145.5 million tons (Mt) in November 2023, according to the World Steel Association. Concurrently, the global apparent steel use per capita surpassed 200 kilograms, marking an over 10% rise. Both steel manufacturing processes, BF-BOF and EAF, necessitate metallurgical coal. While the former requires substantial volumes, the latter demands lower quantities.

The steel industry's growth is driven by infrastructure development, urbanization, and the increasing demand for construction, high-grade steel for various industries, and premium hard coking coal for medical applications. The market dynamics are influenced by factors such as coal quality standards, sustainable mining practices, carbon footprint re

One of the leading economic industries in Australia, coal mining has contributed significantly to the local economy. In 2024, the price of Australian coal was around 136 U.S. dollars per metric ton. Coal market The contribution of the coal mining industry to Australia’s economy was valued in the billions of Australian dollars. Coal consumption is much lower than production in Australia, so most of the mined coal is exported. In fact, Australia exports the most coal by value out of any other country, with major export partners including China and India. Australia’s reliance on its mining exports may lead to potential problems, particularly if long-term demand drops due to emerging alternative fuel sources, climate action, and increased competition from other coal producing countries. The effect on the tens of thousands of Australian workers in the mining industry may have already been felt, with lower employment numbers recorded recently. Environmental impact Of late, the fugitive emissions from coal mining have come under fire due to their contribution to environmental pollution. In Australia, emissions from underground coal mines were projected to total 19 million metric tons of carbon dioxide equivalent by 2030. With a global focus on reducing air pollution and mitigating climate effects, the future of mining in Australia may not be as certain as it once was.