Thermal coal futures climbed above $150 per ton, reaching their highest level since September 2023 after Indonesia tightened export controls on commodities, a move expected to delay coal shipments from the country. The decision came amid stronger seasonal demand, with summer heat boosting electricity consumption for air conditioning. Ongoing disruptions linked to the Middle East conflict also continued to support coal prices, as the prolonged closure of the Strait of Hormuz forced Asian and European energy importers to seek alternatives to natural gas supplies from the Persian Gulf. Japan and South Korea, in particular, have increased their consumption of coal since the outbreak of the war. Qatar’s Ras Laffan facility has declared force majeure, removing nearly 10.2 Mtpa of LNG supply to Asia, with the partial shutdown expected to last through late summer.

Coal fell to 148.90 USD/T on June 12, 2026, down 1.88% from the previous day. Over the past month, Coal's price has risen 13.53%, and is up 41.47% compared to the same time last year, 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 June 14 of 2026.

Coal fell to 148.90 USD/T on June 12, 2026, down 1.88% from the previous day. Over the past month, Coal's price has risen 13.53%, and is up 41.47% 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 is expected to trade at 149.47 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 161.24 in 12 months time.



Price Day Month Year Date
Crude Oil 84.88 -2.830 -3.23% -15.98% 16.31% Jun/12
Brent 87.33 -3.050 -3.37% -17.32% 17.65% Jun/12
Natural gas 3.12 0.0330 1.07% 8.94% -12.87% Jun/12
Heating Oil 3.40 -0.1087 -3.09% -14.18% 42.91% Jun/12
Coal 148.90 -2.85 -1.88% 13.53% 41.47% Jun/12
TTF Gas 46.78 -2.92 -5.87% -0.31% 24.59% Jun/12
UK Gas 111.91 -7.8500 -6.55% -2.71% 26.20% Jun/12
Bitumen 4,542.00 -71.00 -1.54% 4.01% 24.47% Jun/12
Ethanol 1.89 0.0125 0.67% -4.91% 12.18% Jun/12
Uranium 85.35 0.3500 0.41% -0.81% 22.37% Jun/12
Cobalt 56,290.00 0 0% 0% 68.86% Jun/11
Lead 1,967.13 20.20 1.04% -2.16% -1.50% Jun/12
Aluminum 3,543.00 24.52 0.70% -3.03% 41.38% Jun/12
Tin 52,848.00 888 1.71% -3.58% 61.89% Jun/11
Zinc 3,578.25 83.80 2.40% 0.53% 36.21% Jun/12
Nickel 17,790.00 -5 -0.03% -7.17% 17.74% Jun/12
Palladium 1,291.50 42.00 3.36% -15.89% 26.18% Jun/12


Coal
Coal is one of the most widely used energy sources globally, particularly for electricity generation and industrial processes such as steel production. Despite the growth of renewable energy, coal remains a key component of the global energy mix, and its prices are closely monitored due to their impact on power generation costs and industrial activity. Coal futures are traded on major exchanges, including the Intercontinental Exchange (ICE) and the New York Mercantile Exchange (NYMEX). A widely referenced contract is the Newcastle coal futures contract listed on ICE, which represents 1,000 metric tonnes. On the supply side, China is the largest producer and consumer of coal globally. Other major producers include the United States, India, Australia, Indonesia, Russia, South Africa, Germany, and Poland. Leading exporters include Indonesia, Australia, Russia, United States, Colombia, South Africa, and Kazakhstan. Coal prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
148.90 151.75 457.80 48.40 2008 - 2026 USD/MT Daily

News Stream
Coal Jumps as Indonesia Tightens Export Curbs
Thermal coal futures climbed above $150 per ton, reaching their highest level since September 2023 after Indonesia tightened export controls on commodities, a move expected to delay coal shipments from the country. The decision came amid stronger seasonal demand, with summer heat boosting electricity consumption for air conditioning. Ongoing disruptions linked to the Middle East conflict also continued to support coal prices, as the prolonged closure of the Strait of Hormuz forced Asian and European energy importers to seek alternatives to natural gas supplies from the Persian Gulf. Japan and South Korea, in particular, have increased their consumption of coal since the outbreak of the war. Qatar’s Ras Laffan facility has declared force majeure, removing nearly 10.2 Mtpa of LNG supply to Asia, with the partial shutdown expected to last through late summer.
2026-06-09
Coal traded above 150 USD/T
Coal rose above 150, according to trading on a contract for difference (CFD).
2026-06-08
Coal Hits 19-month High
Coal increased to 148.75 USD/T, the highest since October 2024. Over the past 4 weeks, Coal gained 9.78%, and in the last 12 months, it increased 40.52%.
2026-06-05