Coal prices for electric power generation in the United States were 2.52 U.S. dollars per million British thermal unit in 2023. This is an increase when compared to the previous year. Average coal prices are forecast to drop in the following years.

Coal decreased 28.50 USD/MT or 22.75% since the beginning of 2025, 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 March of 2025.

United States' electricity producers paid about 3.36 U.S. dollars per million British thermal unit for natural gas in 2023. Meanwhile, coal power plant operators paid an average of 2.52 U.S. dollars. In the last decade, the price of natural gas used for electricity generation has seen a net decrease, followed by a considerable rise in 2022. Coal, on the other hand, has consistently been among the cheapest fuel types used in the power sector. Natural gas prices and the influence of oil demand As it is often produced alongside oil, prices for natural gas are shaped by overall market developments of the oil and gas industry. When an overproduction of oil led to the oil glut between 2015 and 2016, natural gas prices fell notably. The same circumstance could be observed in 2020 when a fall in oil demand brought many benchmarks such as WTI and Brent to historic lows and also resulted in the Henry Hub price falling to a 21-year low. Apart from petroleum, which is an expensive and inefficient means of power production, fossil fuel costs for electricity generation have declined in recent years. Shift away from conventional energy sources Although renewable technologies were once thought to be very expensive, greater investments have quickly rendered their levelized cost of energy generation on par with fossil fuels, especially when deployed on a utility-scale. The aging coal fleet is a prime example of the increasing necessity to switch to carbon neutral technologies. Older coal plants are dealing with increasing maintenance costs as well as environmental regulations forcing the installation of pollution controls.

Average cost of coal for the electric power industry in the United States amounted to 47.23 U.S. dollars per ton in 2023, the highest figure during the period under consideration. This was a five percent increase compared to the previous year, with figures having fluctuated over the years.

In the United States, the cost of electricity generation from coal was above two U.S. dollars per million British thermal units in 2023. It reached 2.57 U.S. dollars per million British thermal units in the first quarter of the year. In 2022, approximately 20 percent of the electricity produced in the U.S. was generated from this fossil fuel.

Learn about the various factors that affect the price of coal per metric ton, including the type of coal, location, market demand, and global economic conditions. Discover the different types of coal and their characteristics, as well as how location and market demand influence pricing. Explore the impact of global economic conditions, such as the COVID-19 pandemic, on coal prices and gain insights into future price trends.

Coal continues to play a significant role in electricity generation due to its affordability and abundance. This article explores the cost of coal production and consumption, factors influencing its price, and the global average cost of coal. Despite the growing interest in renewable energy sources, coal remains an affordable and widely available source of energy.

Coal mining cost per ton can vary depending on various factors such as the type of coal, mining method, geology, labor costs, and infrastructure expenses. This article discusses the direct and indirect costs associated with coal mining, the impact of coal quality and scale of operation on costs, and the factors influencing coal mining costs per ton, including mining method, geology, labor costs, equipment and technology, transportation and infrastructure, environmental regulations, and market demand and pri

The cost of coal per pound can vary due to factors like the type of coal, location of the mine, and market conditions. This article explores the influence of these factors on coal pricing and highlights the complexities of the coal industry.

Coal may seem like an affordable energy option, but its true cost goes beyond price. Extracting, processing, and burning coal have serious economic, social, and environmental impacts. From air pollution and health risks to habitat destruction and climate change, the hidden costs of coal are significant. Government subsidies further distort market prices. Transitioning to cleaner energy sources is crucial for a sustainable future.

The global coal price index reached 154 index points in February 2025. This was a decrease compared to the previous month, which also reflected a fall in the overall fuel energy price index. 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 curtailing 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, South Korea, and Germany are among the leading coal importers, as these countries rely heavily on coal for electricity and heat generation.

Have timely access to reliable Coal price assessments in United States:

• Coal, export spot price, fob, United States

Each assessment includes Coal price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Coal price assessments for United States and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Have timely access to reliable Coal price assessments in Poland:

• Coal (thermal), import spot price, cif, Poland

Each assessment includes Coal price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Coal price assessments for Poland and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Graph and download economic data for Wholesale Price of Bituminous Coal, Mines for United States (M0490DUSM349NNBR) from May 1954 to Jun 1956 about coal, wholesale, mining, price index, indexes, price, and USA.

Have timely access to reliable Coal price assessments in Sweden:

• Coal (thermal), import spot price, cif, Sweden

Each assessment includes Coal price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Coal price assessments for Sweden and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

According to Cognitive Market Research, the global Coking Coal market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.00%from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Steel Production held the highest Coking Coal market revenue share in 2024.

Key Drivers of Coking Coal Market

Growing Demand from Steel Industry to Increase the Demand Globally

The steel industry is a major consumer of coking coal, using it as a primary raw material in the production of steel. As the global economy continues to recover from the impacts of the COVID-19 pandemic, the demand for steel is expected to rise, driven by infrastructure development, construction projects, and the automotive sector. This increasing demand for steel is expected to boost the demand for coking coal, as it is an essential component in the steelmaking process. Additionally, the shift towards electric arc furnaces (EAFs) in steel production, which also require coking coal, is expected to further drive the demand for coking coal in the coming years.

Growing Urbanization and Industrialization to Propel Market Growth

Rapid urbanization and industrialization in emerging economies such as China, India, and Brazil are driving the demand for steel and, consequently, coking coal. As these countries continue to invest in infrastructure development, the demand for steel for construction, transportation, and manufacturing purposes is expected to increase. This trend is particularly pronounced in the construction of skyscrapers, bridges, and other infrastructure projects that require large quantities of steel. The growing middle class in these countries is also driving demand for consumer goods, automobiles, and appliances, all of which require steel, thus boosting the demand for coking coal.

Restraint Factors of Coking Coal Market

Environmental Concerns and Regulations to Limit the Sales

One of the key restraints in the coking coal market is the increasing environmental concerns associated with coal mining and steel production. The mining and burning of coal releases greenhouse gases and other pollutants into the atmosphere, contributing to air and water pollution and climate change. In response to these concerns, governments around the world are implementing stricter environmental regulations and emissions standards, which could increase the cost of coal production and limit its use in steelmaking. Additionally, the growing awareness of environmental issues among consumers and investors has led to a shift towards cleaner and more sustainable energy sources, potentially reducing the demand for coking coal in the long run.

Impact of Covid-19 on the Coking Coal Market

The COVID-19 pandemic has had a significant impact on the coking coal market, leading to disruptions in production, supply chains, and demand. The lockdowns and restrictions imposed to curb the spread of the virus resulted in a slowdown of economic activity, leading to a decrease in demand for steel and, consequently, coking coal. Many steel mills around the world either shut down or operated at reduced capacity, leading to a decline in coking coal consumption.

However, despite these challenges, the coking coal market showed resilience, with prices remaining relatively stable due to the gradual recovery of the global economy and the resumption of steel production. Governments around the world implemented stimulus packages to support economic recovery, which boosted infrastructure projects and construction activities, leading to an increase in ...

Coal prices vary depending on various factors such as the type and quality of coal, geographic location, market demand, and transportation costs. This article explains the factors influencing the current cost of coal, including the transition to cleaner energy sources, global economic conditions, government policies, and the cost of production. It also discusses how coal prices can vary in different regions and markets, and predicts the future impact of cleaner energy sources on coal prices.

Coal prices per ton in the United States can vary depending on factors such as the type of coal, region, market demand, transportation costs, and environmental regulations. This article provides an overview of the various factors that influence coal prices and explains why thermal coal prices can range from approximately $40 to $140 per ton.

Learn about the factors that determine international thermal coal prices, including supply and demand dynamics, global economic conditions, regional market trends, and geopolitical factors. Understand how these prices impact coal mining companies, power generation companies, and the cost of electricity for consumers.

The cost of 1 ton of coal depends on various factors such as the type of coal, location of purchase, quantity bought, and market conditions. This article provides an overview of the factors influencing coal prices and current trends in the coal market.