Coal (Expiring Future)

Coal is a non-renewable fossil fuel, a solid, carbonaceous energy commodity with widespread industrial applications. It is traded as a futures contract, enabling power generators and industrial users to manage their future fuel procurement costs. The main use of coal is in the generation of electricity through thermal power plants, making it a critical, though diminishing, global energy source. It also supports industrial processes that require sustained high heat levels. A significant secondary use is in the production of steel (coking coal) and cement. Market prices for coal are determined by global energy demand, the cost of competing fuels like natural gas, and environmental regulations limiting its use. Stay up to date on the price of COAL.FUT by adding it to your eToro watchlist.