Coal Hits 14-Month High in Commodity News 27/02/2026 Coal prices climbed above $119 per ton in late February, reaching their highest level since December 2024, as expectations of resilient global demand outweighed the ongoing transition toward cleaner energy sources. China, the world’s largest coal producer and consumer, continued to add new coal-fired power capacity as Beijing prioritizes energy security and grid reliability. Investors are also awaiting signals from China’s upcoming parliamentary meeting for further demand guidance. The annual “Two Sessions” will take place from March 4 to around March 11, when authorities are expected to release the 15th Five-Year Plan outlining policy objectives for 2026-2030. In the US, President Donald Trump has moved to bolster the struggling coal-fired power sector, allocating $175 million in federal funding to modernize six plants and directing the US Department of Defense to procure electricity from additional facilities. Source: Trading Economics 2026-02-27 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share