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Barchart
Barchart
Andrew Hecht

HISTORICAL FACTS: Can coal prices rally - The Untold Story

Coal Oil United States Nymex China Natural Gas Europe India Newcastle Rotterdam

In an August 2023 Barchart article, I asked if coal prices were setting up for an end-of-year rebound last year. The rebound never came, and coal prices are nearly unchanged in June 2024 compared to last August. 

Last August, the three fossil fuels, coal, crude oil, and natural gas, were considerably lower than the 2022 highs, but were higher than the current prices. I concluded:

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