a yellow bulldozer is pushing hard coal in a large coal heap

Thermal Coal Prices

Thermal coal prices averaged USD 105.86 per metric ton in June, up 6.3% from May. On 30 June, the commodity traded at USD 109.90 per metric ton, up 9.0% from 30 May.

Prices continued to recover from April’s four-year low in June. The arrival of summer in North Asia—the main consumer of Australian thermal coal—boosted cooling demand. Moreover, demand in the region was further aided by a spike in natural gas prices as a result of the Iran-Israel conflict, with the possible closure of the Strait of Hormuz threatening to block off exports by Qatar.

This chart displays Thermal Coal (US$/mt) from 2023 to 2025.

Australian Thermal Coal (prices in US$/mt, aop)

Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Australian Thermal Coal - - 146.92 134.98 127.17 136.11 140.29 139.10 107.82 100.51 - -

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Price forecasts and historical data for Thermal Coal.

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