What are Coal futures?

Coal futures are standardised, exchange-traded contracts. The contracts are for a buyer to take delivery of a specified quantity of coal from a seller at a predetermined price and delivery date. Coal futures are available for trading on the ICE and the New York Mercantile Exchange ( NYMEX ).

Where can I buy GC Newcastle Coal futures?

Coal futures are available for trading on the ICE and the New York Mercantile Exchange ( NYMEX ). The standard GC Newcastle contract listed on ICE is a lot size of 1,000 tonnes. NYMEX coal futures prices are quoted in dollars per tonne and traded in lot sizes of 1,550 tonnes.

Is the increase in coal generation a sign of the future?

But experts say it's not a sign of what's to come, as much as a reflection of the exceptional period we're currently in. The EIA says the increase in coal generation is unlikely to continue in the long term due to continued power plant retirements and competition from other generation alternatives like natural gas.