Coking Coal Price OutlookAustralian coking coal prices were steady in recent weeks despite robust Chinese demand. On 17 January, Australian coking coal traded at USD 145 per metric ton, which was stable compared to the same day in December. The price was unchanged on a year-to-date basis but was down 24.6% from the same day last year. Chinese authorities are expected to step up infrastructure spending in a bid to combat the slowdown in the economy. This should boost steel demand, particularly after the Lunar New Year, and thereby coking coal demand, as the commodity is used in the production of steel. On the other hand, the singing of a “phase one” deal will likely result in greater demand for U.S. coal, rather than Australian coal.
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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