Coking Coal Prices

Coking coal prices averaged USD 186 per metric ton in September, down 10.3% from August. On 30 September, the commodity traded at USD 189 per metric ton, down 4.5% from 30 August.

Prices in September fell to their lowest level since June 2021, around the start of the ongoing global energy crisis. This largely reflected weaker demand for coking coal from China, with business conditions in the country’s steel sector worsening for the 51st time in 53 months during September, according to a PMI survey.