Coking coal prices averaged USD 176 per metric ton in July, down 2.5% from June. On 31 July, the commodity traded at USD 176 per metric ton, up 1.1% from 30 June.
After surging in June, Australian coal exports fell in July due to bad weather on the east coast and maintenance at the ports of Hay Point and Newcastle. This added to factors that have dragged on prices so far this year: A decline in steel production plus rising supply in domestic markets, notably in China and India.
This chart displays Coking Coal (US$/mt) from 2023 to 2025.
Australian Coking Coal (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Australian Coking Coal | - | - | 262 | 333 | 306 | 243 | 212 | 203 | 186 | 185 | - | - |