Steam for dyeing and drying, in the mills that raise it by burning coal — which is most of South and East Asia.
140 US dollars per metric ton ↓ 6.63%
Settled 2026-07-01
Against a week ago (2026-02-01): ↑ 14.88%
Against a month ago (2024-09-01): ↓ 5.61%
Against a quarter ago (2021-02-01): ↑ 51.80%
415 observations held, 1992-01-01 to 2026-07-01.
Where these figures come from
- Coal, Australia (monthly) — International Monetary Fund via FRED, PCOALAUUSDM, observed 2026-07-01. the day's published table
Read this first. These are settlement prices from the Zhengzhou Commodity Exchange — the Chinese domestic market, in yuan per tonne, for a dated futures contract. They are not Cotlook A, not a world price, and not what a trader paid for a bale this morning. They are carried because China spins more than anywhere else, so the direction is the market’s direction even where the level is not.