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Coal is the principal fuel for generating electricity in the United States, accounting for approximately 55% of total electricity output. The United States has more high-quality coal than any other country, with nearly 30% of the world's bituminous and anthracite coal reserves. The United States is one of the largest coal producers in world and U.S. exports make up a significant share of the world export market.
The coal futures contract trades in units of 1,550 tons. It is available for trading nearly around the clock on the NYMEX ClearPort� trading platform, and off-Exchange transactions can be submitted for clearing through the NYMEX ClearPort� clearing website.
The coal futures contract can provide both the coal mining and electric power industries with a range of risk management strategies. |
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Daily Chart - Spot Month |
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Margins |
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Non-Member Customer Initial |
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$6,750 |
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Member Customer Initial |
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$5,500 |
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Clearing Member and Customer Maintenance |
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$5,000 |
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