Thermal coal prices averaged USD 96.22 per metric ton in April, down 4.0% from March. On 30 April, the commodity traded at USD 97.25 per metric ton, down 5.6% from 31 March.
Prices declined to their lowest in four years in April. Thermal coal imports from China and Japan fell from the prior month and were down year on year over the January–April period in India; the three countries make up more than half of thermal coal imports. In China, the decline was due to record domestic coal output, plus higher hydrocarbon and renewable power generation.
This chart displays Thermal Coal (US$/mt) from 2023 to 2025.
Australian Thermal Coal (prices in US$/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 Thermal Coal | - | 161.32 | 146.92 | 134.98 | 127.17 | 136.11 | 140.29 | 139.10 | 107.82 | - | - | - |