Coking Coal Price OutlookCoking coal prices rose in November on weak supply from Australia, reversing two months of sharp losses. On 1 December, coking coal traded at USD 183.0 per metric ton, which was up 15.1% from the same day of last month. That said, the price was 19.0% lower on a year-to-date basis and was down 40.6% from the same day last year. Delays in Queensland have been tightening global supply and have pressed some Asian steel mills to opt for Chinese coking coal, lifting seaborne prices. Congestion at a key Queensland port more than doubled wait times for cargo loading as coal delivery to the port was interrupted. On the demand side, expectations grew that Chinese steel consumption would recover next year after steel production cuts—aimed at limiting winter pollution—expire in March. Strict air quality targets across the country are expected to continue weighing on coal imports, however.
Coking Coal Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Coking Coal Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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