The paper analyzed those basic features and new trends about the current world coal market from its demand, supply, investment, trade and mergers and acquisitions and other aspects. This paper also argued that the worldwide coal consumption growth has slowed down in 2012, the excess capacity has increased the pressure and the coal trades were relatively active. It is said too that the main state investment growth fell sharply, M & A activity decreased, and progressive role has gradually appeared with deeper factors which influenced the coal market. The paper forecasted worldwide coal demand in 2013that it would gradually warm up, and the overall supply situation would improve going with active investment growth. And trades would be in continually rapid growth as well as evidence that the coal resources would have more intense international competition. <<