Coking Coal Prices

Coking coal prices averaged USD 238 per metric ton in May, up 2.0% from April. On 29 May, the commodity traded at USD 241 per metric ton, up 4.3% from 30 April.

Australian coking coal prices continued to edge up closer to February’s 20-month high in May after China suffered its worst coal mine disaster in 17 years in Shanxi province. 82 miners died, leading to a string of safety checks that are likely to suppress supply ahead.