Coking Coal Price OutlookDespite still-robust demand levels from China, prices dropped in recent weeks due to increasing trade tensions between China and the United States. On 3 August, coking coal traded at USD 167.0 per metric ton, which was 14.8% lower than on the same day last month. The price was down 13.5% on a year-to-date basis and was 1.2% lower than on the same day last year. The drop in prices has chiefly been driven by escalating trade tensions between China and the U.S. and the related increase in uncertainty, which has weakened global demand for coking coal. A weaker currency and import restrictions on coal also affected Chinese demand somewhat, which nonetheless remained robust overall. Furthermore, strong steel production growth due to infrastructure projects led to increased coking coal production, which provided some 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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