What Are Coal Futures?

Coal futures are available on the NYMEX, and traded under the symbol QLD. Central Appalachian Coal Futures represent 1,550 tons of coal that meets certain quality specifications, including minimum requirements for Btu, ash, sulfur, moisture, and grindability. Contracts are listed for each month in the current year and the next four years.

The market for coal futures can be small, with even contracts in near months exhibiting limited liquidity.

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