Coking coal prices averaged USD 233 per metric ton in August, up 1.0% from July. On 31 August, the commodity traded at USD 261 per metric ton, up 20.3% from 31 July.
Australian coking coal prices started August at year-to-date lows, but then surged by a third—highlighting recent trader concerns about a global coal market that in recent years has turned increasingly illiquid and fragmented along regional lines. In August, the price spike was due to safety inspections at Chinese mines.
This chart displays Coking Coal (US$/mt) from 2024 to 2026.
Australian Coking Coal (prices in US$/mt, aop)
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Australian Coking Coal | - | - | 212 | 203 | 186 | 185 | 183 | 200 | 235 | 238 | - | - |