Thermal Coal Price OutlookPrices for thermal coal have declined in recent weeks, due to slack demand from China and concerns over global economic momentum. On 11 January, the spot price for Australian thermal coal was USD 98.0 per metric ton, which was down 4.0% from the same day last month. Moreover, it was 3.9% lower on a year-to-date basis and was down 7.6% from the same day last year. Prices over the last month were likely contained by the Chinese government’s policy of restricting imports in order to keep total imports in 2018 at a similar level to 2017, with seaborne coal imports reportedly dropping to a near three-year low in December. Moreover, soft economic data coming out of China in recent weeks—the manufacturing PMI dipped into contractionary territory in December—likely added further downward price pressures, as investors became more concerned about demand prospects in the Asian giant, which is by far the world’s largest consumer of coal.
Thermal Coal Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Thermal Coal Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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