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.

In 2020, the average coal reference price (HBA) in Indonesia was at ***** U.S. dollars per metric ton, reaching its lowest point since the past decade as the coal industry in Indonesia has also been affected by the COVID-19 pandemic. The HBA is set by the Indonesian Energy and Mineral Resources Ministry.

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.

One ton of coal on the domestic market in Russia cost approximately *** thousand Russian rubles on average in 2020, marking a decrease from the previous year. The coking industry had the highest coal price, while the lowest cost was recorded for power generation needs.

View monthly updates and historical trends for Australia Coal Price. Source: World Bank. Track economic data with YCharts analytics.

The value of coal per ton depends on factors such as its quality, type, market demand, and various external factors. The average price of coal per ton in the United States was $39.95 in 2020, but international prices can vary significantly. Learn more about the factors influencing coal prices and how they impact the market.

Wholesale price for coal in the United Kingdom is projected to rise from **** to **** U.S. dollars per metric ton between 2020 and 2035, respectively. Figures are expected to remain at**** U.S. dollars per metric ton in 2040.

Coking Coal rose to 201.25 USD/T on November 10, 2025, up 0.12% from the previous day. Over the past month, Coking Coal's price has risen 3.60%, but it is still 4.39% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Coking Coal.

First, domestic prices were measured based on the Polish Power Coal Market Index for sales to professional and industrial energy (PSCM1). Since 2017, coal prices in Poland have been steadily increasing, reaching the highest price of ****** zloty/metric ton in the third quarter of 2023. Global coal prices were measured by the ARA index (based on the prices of futures contracts in the ports of Amsterdam-Rotterdam-Antwerp). The ARA index has fallen since the third quarter of 2018, closing the second quarter of 2020 at *** zloty/metric tons. In the fourth quarter of 2024, coal prices were lower on the global market than on the Polish market (considering the current USD/PLN exchange rate), reaching over *** zloty per metric ton.

Coal: Representative Price: Non-Coking: Grade: G1 data was reported at 11,936.000 INR/Ton in Oct 2025. This records an increase from the previous number of 8,216.000 INR/Ton for Sep 2025. Coal: Representative Price: Non-Coking: Grade: G1 data is updated monthly, averaging 14,631.000 INR/Ton from Mar 2020 (Median) to Oct 2025, with 68 observations. The data reached an all-time high of 18,518.000 INR/Ton in Jun 2022 and a record low of 5,904.000 INR/Ton in Jun 2020. Coal: Representative Price: Non-Coking: Grade: G1 data remains active status in CEIC and is reported by Ministry of Coal. The data is categorized under India Premium Database’s Energy Sector – Table IN.RBU: Coal: Representative Price.

Monthly and long-term coking coal price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian) and Permian times. However, many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras.

Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron and steel-making and other industrial processes burn coal.

Source: https://en.wikipedia.org/wiki/Coal

As of August 2024, the Indonesian Energy and Mineral Resources Ministry has set the country's coal reference price (HBA) at ****** U.S. dollars per metric ton, showing a decrease of over ** U.S. dollars from the same month in 2023. Indonesia is one of the largest producers and exporters of coal worldwide.

The South African coal market surged to $23.6B in 2024, jumping by 37% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2012 to 2024: its value increased at an average annual rate of +3.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +70.2% against 2020 indices.

India Coal: Representative Price: Non-Coking: Grade: G12 data was reported at 1,686.000 INR/Ton in Oct 2025. This records an increase from the previous number of 1,607.000 INR/Ton for Sep 2025. India Coal: Representative Price: Non-Coking: Grade: G12 data is updated monthly, averaging 2,185.000 INR/Ton from Mar 2020 (Median) to Oct 2025, with 68 observations. The data reached an all-time high of 4,068.000 INR/Ton in May 2022 and a record low of 1,205.000 INR/Ton in Oct 2020. India Coal: Representative Price: Non-Coking: Grade: G12 data remains active status in CEIC and is reported by Ministry of Coal. The data is categorized under India Premium Database’s Energy Sector – Table IN.RBU: Coal: Representative Price.

The U.S. Central Appalachian coal price is a key indicator for coal prices across the country. The region includes parts of Eastern Kentucky, Virginia, West Virginia, and Tennessee, which are some of the largest coal-producing states in the country. In 2024, the average Central Appalachian coal spot price stood at 77.67 U.S. dollars per metric ton. This was less than half the average price in 2022. Coal commodity prices surged in 2022 as sanctions on Russian imports, production loss in Australia, and a temporary export ban in Indonesia put pressure on supply volumes. Other important global coal benchmarks include the Northwest Europe marker price, Australia's Newcastle, and China's Qinhuangdao price.

China Producer Goods Price: Market Price: Coal: Coking Coal: Main data was reported at 1,350.000 RMB/Ton in 30 Apr 2020. This records a decrease from the previous number of 1,360.000 RMB/Ton for 20 Apr 2020. China Producer Goods Price: Market Price: Coal: Coking Coal: Main data is updated daily, averaging 1,420.000 RMB/Ton from Jan 2020 (Median) to 30 Apr 2020, with 12 observations. The data reached an all-time high of 1,460.000 RMB/Ton in 10 Mar 2020 and a record low of 1,350.000 RMB/Ton in 30 Apr 2020. China Producer Goods Price: Market Price: Coal: Coking Coal: Main data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Price – Table CN.PA: NBS: Producer Goods Price: Early, Middle and Last third of the Month.

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.

Indonesia Coal Market size was valued at USD 211.41 Billion in 2024 and is projected to reach USD 369.19 Billion by 2032, growing at a CAGR of 7.2% from 2026 to 2032.Key Market DriversStrong Export Demand from Asian: Export demand, particularly from China, India, and other Asian economies, has been a significant driver for Indonesia's coal. As the world's largest thermal coal exporter, Indonesia has benefited from the energy needs of rapidly developing nations in the region, especially during post-pandemic economic recovery periods. The average benchmark coal price (HBA) reached USD 215.01 per tonne in 2022, a significant increase from USD 149.07 in 2021 and USD 58.17 in 2020 (Ministry of Energy and Mineral Resources, 2023).Domestic Energy Security Policies: Indonesia's domestic energy policies prioritize coal as a strategic resource for national energy security. The government's policies to ensure domestic supply, including the Domestic Market Obligation (DMO), have created a stable local demand base while maintaining export revenues. The DMO requirement is maintained at 25% of coal production throughout 2021-2023 (Ministry of Energy and Mineral Resources regulation, 2021). Domestic coal consumption for power generation reached 113 million tons in 2022, a 4.5% increase from 2021 (PLN Statistical Report, 2023).

After three years of growth, the Ethiopian coal market decreased by -13.9% to $106M in 2024. In general, consumption, however, saw a buoyant expansion. Coal consumption peaked at $141M in 2018; however, from 2019 to 2024, consumption remained at a lower figure.