Coking Coal Price OutlookPrices for coking coal have continued to rise in recent weeks over supply concerns in Australia. On 5 October, coking coal traded at USD 196 per metric ton, which was up 3.7% from the same day last month. The price was 22.9% lower on a year-to-date basis but was up 1.2% from the same day last year. Worries over Australian supply have supported prices over the last month. Following the dispute between railway operator Aurizon and the Queensland government, a fire broke out at the North Goonyella mine in late September which has sparked fears that output from the mine could be halted for a prolonged period. Moreover, given that coking coal is used to produce steel, Chinese demand will likely receive a boost from the recent announcement that anti-polluting measures for the steel industry will be relaxed.
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
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.