a conveyor belt carrying coking coal and emptying onto a huge pile

Coking Coal Prices

Australian coking coal prices averaged USD 219 per metric ton in August. The over two-year low was down 1.4% from July’s price and 7.5% lower year on year. Meanwhile, on 31 August, the fuel traded at USD 224 per metric ton, 9.8% higher month on month.

The spot price declined in August as China’s steel industry likely remained weak in the month. Despite much speculation, Beijing held back from announcing large-scale stimulus measures, blunting investor optimism about the sector and thus for the demand prospects of Australian coking coal, a key ingredient in steelmaking.

This chart displays Coking Coal (US$/mt) from 2021 to 2023.

Australian Coking Coal (prices in US$/mt, aop)

Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022
Australian Coking Coal - - 256 370 484 454 249 278

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Price forecasts and historical data for Coking Coal.

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