Coking Coal Price OutlookPrices for Australian coking coal were stable in recent weeks, marking a divergence from iron ore prices even though both commodities are key components in the steel production process. On 15 May, Australian coking coal traded at USD 137 per metric ton, which was unchanged compared to the same day of the previous month. The price was up 0.5% on a year-to-date basis but was 35.2% lower than on the same day last year. While the gradual reopening of the Chinese economy has support iron ore prices, coking coal prices have been static recently, as most of China’s coking coal requirements are satisfied from domestic supply or from Mongolia. Moreover, other key export markets for Australian coking coal—such as the EU, Japan and India—have all been affected by lockdowns weighing on industrial production. This has meant weaker demand for steel and, by extension, coking 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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