Coking Coal Price OutlookDespite stronger coking coal import data from China for March, prices for the commodity decreased in recent weeks due to seasonal weakness in Chinese demand for steel and concerns over trade tensions; coking coal is used in the production of steel. On 11 May, coking coal traded at USD 182.0 per metric ton, which was 4.7% lower than on the same day last month. The price was down 5.7% on a year-to-date basis but was 9.0% higher than on the same day last year. A pick-up in producer inflation in April points to healthy Chinese demand for industrial inputs. However, the ongoing environmental crackdown in China should see a shift in demand towards cleaner sources of energy, and demand for coking coal has been relatively weak in the year to date. Trade tensions also put downward pressure on prices.
Coking Coal Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Coking Coal Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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