Coking Coal Price Outlook

Prices for Australian coking coal edged up slightly in recent weeks, with weak demand in Asia was largely offset by stronger demand elsewhere. On 11 September, Australian coking coal traded at USD 111 per metric ton, which was 2.8% higher than on the same day of the previous month. However, the price was down 18.7% on a year-to-date basis and was 27.0% lower than on the same day last year. Weak Asian demand continued into August, partly driven by China’s import restrictions on Australian coal; China is the key importer of the commodity and in August its imports of coking coal fell to an eight-month low. Moreover, demand from other key export destinations such as Korea and India was also subdued. More positively, Japanese demand has been relatively steady so far this year, and, together with a gradual economic recovery in other countries, has supported prices.

Coking Coal Price History Data (USD per metric ton, aop)

2015  2016  2017  2018  2019  
Coking Coal 88.38  142.7  188.92  207.39  179.47  

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Coking Coal Historical Price Chart


Coking Coal  historical price chart
Note: Australian Coking Coal, prices in USD per metric ton (mt).

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