Coal fell to 103.85 USD/T on September 9, 2025, down 1.84% from the previous day. Over the past month, Coal's price has fallen 7.48%, and is down 25.15% 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 September of 2025.

API2 Rotterdam coal futures amounted to *****U.S. dollars per 1,000 metric tons on September 8, 2025 for contracts with delivery in September 2025. API2 Rotterdam is a Europe-wide coal price benchmark. Import prices for thermal coal became more volatile following the Russia-Ukraine war and European Union sanctions on Russian coal imports. However, since 2024, the AP12 Rotterdam as well as the worldwide coal price index have been comparatively stable.

Coal futures contracts allow investors to buy or sell coal at a predetermined price on a future date. This article explains how these contracts work, their role in managing price risks, and the factors that influence coal futures prices. It also highlights the risks involved in trading coal futures and advises readers to conduct thorough market research before getting involved.

Newcastle thermal coal had an average price forecast of ****** nominal U.S. dollars per metric ton for 2024, as of June and July 2024. During the period in consideration, the forecast presents a trend of continuous decrease. By the end of 2028, Newcastle thermal coal price is expected to drop to ****** nominal U.S. dollars per metric ton. The Newcastle (NEWC) thermal price for coal is the benchmark for seaborne coal contracts within the Asia-Pacific region, which is home to the largest coal producing countries.

New Castle Coal Futures are financial contracts traded on the Intercontinental Exchange that allow market participants to manage price risk or speculate on the future price movements of coal. Learn about the factors influencing coal prices, the role of speculation, and the risks involved in trading these contracts.

China Settlement Price: ZCE: Thermal Coal: 4th Month data was reported at 801.400 RMB/Ton in 13 May 2025. This stayed constant from the previous number of 801.400 RMB/Ton for 12 May 2025. China Settlement Price: ZCE: Thermal Coal: 4th Month data is updated daily, averaging 596.200 RMB/Ton from Sep 2013 (Median) to 13 May 2025, with 2824 observations. The data reached an all-time high of 1,732.400 RMB/Ton in 19 Oct 2021 and a record low of 264.400 RMB/Ton in 30 Dec 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.

Coal futures price refers to the current and projected value of coal contracts in the financial market. This article discusses the factors that can influence coal futures prices, including supply and demand dynamics, weather conditions, environmental regulations, alternative energy developments, and global economic factors. Investors and entities involved in the coal industry monitor these prices to make informed decisions about buying or selling coal contracts.

It is forecast that the average price for hard coking coal in 2026 will be ***** nominal U.S. dollars per metric ton. Meanwhile, the average price for semi-soft coking coal is forecast to be ****** nominal U.S. dollars per metric ton that year.

China Settlement Price: Dalian Commodity Exchange: Coking Coal: 4th Month data was reported at 875.000 RMB/Ton in 13 May 2025. This records a decrease from the previous number of 876.500 RMB/Ton for 12 May 2025. China Settlement Price: Dalian Commodity Exchange: Coking Coal: 4th Month data is updated daily, averaging 1,253.500 RMB/Ton from Mar 2013 (Median) to 13 May 2025, with 2948 observations. The data reached an all-time high of 3,781.500 RMB/Ton in 19 Oct 2021 and a record low of 499.000 RMB/Ton in 24 Nov 2015. China Settlement Price: Dalian Commodity Exchange: Coking Coal: 4th Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price: Daily.

Get comprehensive insights into the Coal market, with a focused analysis of the Coal price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

China Settlement Price: ZCE: Thermal Coal: 2nd Month data was reported at 801.400 RMB/Ton in 13 May 2025. This stayed constant from the previous number of 801.400 RMB/Ton for 12 May 2025. China Settlement Price: ZCE: Thermal Coal: 2nd Month data is updated daily, averaging 610.300 RMB/Ton from Sep 2013 (Median) to 13 May 2025, with 2824 observations. The data reached an all-time high of 2,096.400 RMB/Ton in 19 Oct 2021 and a record low of 286.000 RMB/Ton in 14 Jan 2016. China Settlement Price: ZCE: Thermal Coal: 2nd 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.

Thermal coal futures prices are influenced by supply and demand dynamics, global economic conditions, government policies, and environmental considerations. This article explains the significance of thermal coal in meeting global energy demands, how futures contracts provide hedging and speculative opportunities, and the various factors that impact thermal coal futures prices.

Learn about thermal coal futures, a financial derivative that allows investors to speculate on the future price movements of thermal coal. Discover how these contracts are traded, the motivations for trading them, and the factors that influence their prices. Understand the benefits and risks associated with investing in thermal coal futures.

The global coal price index reached 155.41 index points in July 2025. This was an increase 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.

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.

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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 footprin

Metallurgical coal futures allow investors to speculate on the future price of metallurgical coal. This article explores the key features of these futures contracts, the market participants involved, and the risks and benefits associated with trading them.

Coal prices in the US can vary significantly depending on factors such as supply and demand dynamics, production costs, transportation costs, and environmental regulations. The pricing of coal is typically done using various indices, with the most commonly used index being the NYMEX Coal Futures contract. This article explores the factors that influence coal prices in the US market and emphasizes the importance of understanding these factors for businesses and investors in the coal industry.

Learn about Newcastle coal futures and how they are used as a benchmark for the global coal industry. Understand the factors that influence the price of coal futures, including supply and demand dynamics, global economic conditions, and government policies. Discover how market participants use coal futures contracts to manage price risks and make informed trading decisions.

China Settlement Price: Dalian Commodity Exchange: Coking Coal: 5th Month data was reported at 876.000 RMB/Ton in 13 May 2025. This records a decrease from the previous number of 878.000 RMB/Ton for 12 May 2025. China Settlement Price: Dalian Commodity Exchange: Coking Coal: 5th Month data is updated daily, averaging 1,246.250 RMB/Ton from Mar 2013 (Median) to 13 May 2025, with 2948 observations. The data reached an all-time high of 3,682.500 RMB/Ton in 19 Oct 2021 and a record low of 490.500 RMB/Ton in 24 Nov 2015. China Settlement Price: Dalian Commodity Exchange: Coking Coal: 5th Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price: Daily.