What is the spot price for coal?

CoalCommodity

Name Price Unit
Natural Gas (Henry Hub) 8.69 USD per MMBtu
Ethanol 2.16 USD per Gallon
Heating Oil 107.78 USD per 100 Liter
Coal 323.00 USD per Ton

How much is a truck load of coal worth?

In 2019, the cost of transporting coal by truck amounted to around 6.2 U.S. dollars per ton.

What is the price of coking coal?

Coking Coal Price History Data (USD per metric ton, aop)

2015 2019
Coking Coal 88.38 179.47

Are coal prices going up?

Coal prices in central Appalachia have already climbed by almost half in 2022 — and more than doubled over the past year. Plus, a lot of miners are having to tell customers that even if they wanted to sell them coal at these high prices, they just don’t have any ready and they have to fulfill their prior commitments.

Are coal prices expected to rise?

The price of domestic coal has also risen sharply in spot e-auctions conducted by Coal India Limited, with premiums over baseline prices set by Coal India reaching an all-time high of 270 per cent in February 2022, which have reportedly increased further to about 300 per cent in March 2022.

How much can you sell coal for?

In 2020, the national average sales price of coal (excluding anthracite) at coal mines was $28.88 per short ton, and the average delivered price of all coal delivered to the electric power sector was $36.14 per short ton.

Why is coking coal price so high?

Demand for coking coal, an essential raw material in the production of steel, was extremely strong as the wider global economy recovered from its sharp contraction at the earlier height of the COVID-19 pandemic—even as supply chain issues constricted availability.

Are coal prices set to rise?

Prices are expected to moderate to $92 in 2023—well above the five-year average of $60/bl. Natural-gas prices (European) are expected to be twice as high in 2022 as they were in 2021, while coal prices are expected to be 80% higher, with both prices at all-time highs.