Coking Coal Price OutlookAustralian coking coal prices continued their upward journey in recent weeks, on tighter global supply and healthy demand. On 7 October, the commodity traded at USD 395 per metric ton, which was 36.1% higher than on the same day of the previous month. Moreover, the price was up 287.5% on a year-to-date basis and was 191.4% higher than on the same day last year. Against the backdrop of China’s ongoing ban on imports from Australia, booming domestic demand in the Asian giant has seen buyers scramble to secure shipments from elsewhere. As a consequence, key steel-producing markets such as the EU, India, Japan and Korea have had to increasingly turn to Australia to meet their coking coal demand, in turn boosting 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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