Coking Coal Price OutlookAustralian coking coal prices fell in recent weeks on weakness in China’s industrial sector. On 5 July, coking coal traded at USD 191 per metric ton, which was 6.2% lower than on the same day in April. The price was down 11.0% on a year-to-date basis and was 4.0% lower than on the same day last year. China’s industrial production growth dropped to the lowest in nearly two decades in May, undermining demand for the commodity, which is used in the steel-making process. The industrial sector is likely feeling the pinch from protracted tensions between China and the U.S., although expected fiscal stimulus should support the domestic sector and benefit coking coal prices.
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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