In the third quarter of 2024 (Q3 2024), the Australian coking coal price was *** U.S. dollars per metric ton, down from *** U.S. dollars per metric ton in the previous quarter. Coking coal, also known as metallurgical coal, is a low-ash, low-sulfur, low-phosphorus coal that is used to produce coke, which is the main source of carbon used to make steel.

Coal rose to 112 USD/T on July 11, 2025, up 0.90% from the previous day. Over the past month, Coal's price has risen 7.07%, but it is still 16.32% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on July of 2025.

Learn about the factors that influence the price of Australian coking coal, such as global demand, supply disruptions, trade policies, and currency exchange rates. Understand how these factors contribute to price volatility and the importance of monitoring market conditions.

One of the leading economic industries in Australia, coal mining has contributed significantly to the local economy. In 2024, the price of Australian coal was around 136 U.S. dollars per metric ton. Coal market The contribution of the coal mining industry to Australia’s economy was valued in the billions of Australian dollars. Coal consumption is much lower than production in Australia, so most of the mined coal is exported. In fact, Australia exports the most coal by value out of any other country, with major export partners including China and India. Australia’s reliance on its mining exports may lead to potential problems, particularly if long-term demand drops due to emerging alternative fuel sources, climate action, and increased competition from other coal producing countries. The effect on the tens of thousands of Australian workers in the mining industry may have already been felt, with lower employment numbers recorded recently. Environmental impact Of late, the fugitive emissions from coal mining have come under fire due to their contribution to environmental pollution. In Australia, emissions from underground coal mines were projected to total 19 million metric tons of carbon dioxide equivalent by 2030. With a global focus on reducing air pollution and mitigating climate effects, the future of mining in Australia may not be as certain as it once was.

Learn about the factors influencing Australian coking coal prices, including supply and demand dynamics, global economic conditions, and production costs. Discover how weather events, trade tensions, and the COVID-19 pandemic have impacted prices in recent years. Explore the future outlook for Australian coking coal and the factors that will continue to shape market volatility.

Get the latest insights on price movement and trend analysis of Coking Coal in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Discover how supply disruptions in Australia and market conditions in China are driving up coking coal prices, impacting global steel production.

Australia BHP: Average Realized Price: Coal: Metallurgical Coal data was reported at 177.220 USD/Tonne in Jun 2018. This records an increase from the previous number of 164.220 USD/Tonne for Dec 2017. Australia BHP: Average Realized Price: Coal: Metallurgical Coal data is updated semiannually, averaging 164.220 USD/Tonne from Jun 2017 (Median) to Jun 2018, with 3 observations. The data reached an all-time high of 177.220 USD/Tonne in Jun 2018 and a record low of 163.300 USD/Tonne in Jun 2017. Australia BHP: Average Realized Price: Coal: Metallurgical Coal data remains active status in CEIC and is reported by BHP Billiton Group. The data is categorized under World Trend Plus’s Top Company: Metal and Mining: Asia Excluding China – Table WB.AT003: BHP Billiton Group (BHP): Operational Data.

The global coal price index reached 138.87 index points in May 2025. This was a decrease compared to the previous month, which also reflected a fall in the overall fuel energy price index. The global coal index expresses trading of Australian and South African coal, as both countries are among the largest exporters of coal worldwide. How coal profited from the 2022 gas crunch Throughout 2022, coal prices saw a significant net increase. This was largely due to greater fuel and electricity demand as countries slowly exited more stringent coronavirus restrictions, as well as fallout from the Russia-Ukraine war. As many European countries moved to curtailing gas imports from Russia, coal became the alternative to fill the power supply gap, more than doubling the annual average price index between 2021 and 2022. Main coal traders and receivers Although China makes up by far the largest share of worldwide coal production, it is among those countries consuming the majority of its extracted raw materials domestically. In terms of exports, Indonesia, the world's third-largest coal producer, trades more coal than any other country, followed by Australia and Russia. Meanwhile, Japan, South Korea, and Germany are among the leading coal importers, as these countries rely heavily on coal for electricity and heat generation.

This report analyses the domestic price of black coal, including both coking and steaming coal. Coking coal, which is also known as metallurgical coal, is used in steel manufacturing applications. Steaming coal, which is also known as thermal coal, is used in fossil fuel electricity generation activities. As a very large proportion of black coal that is mined in Australia is exported, the Australian export price represents the domestic price of black coal. The data for this report is sourced from the Department of Industry, Science and Resources, and represents an average price over the financial year in current Australian dollars per tonne.

Graph and download economic data for Global price of Coal, Australia (PCOALAUUSDM) from Jan 1990 to May 2025 about coal, Australia, World, and price.

The price for one metric ton of Australian thermal coal amounted to an average of ****** U.S. dollars in 2024. This was a notable decrease compared to 2022, when the price amounted to over *** U.S. dollars. Thermal coal, also known as steam coal, is used to generate electricity and its properties include a high moisture and low energy content. It is differentiated from coking coal, or metallurgical coal, which is largely used for steel production. Thermal coal/steam coal prices tend to be lower than coking coal prices, as coking coal requires fewer impurities. Coal consumption: the leading consuming countries Between 2000 and 2023, global coal consumption increased by some ***** exajoules, amounting to roughly *** exajoules as of 2023. Today, China and India are the two leading coal consumers worldwide, at ***** and ***** exajoules, respectively. The two most populous countries on the planet thus accounted for over ********** of total coal consumption in 2023. The U.S. is a leading coal consumer despite the declining U.S. coal mining industry The United States was ranked ***** among the leading coal consuming nations in 2023, however, it has decreased its coal consumption for electricity generation considerably since 2007. This is largely the result of electric utilities switching to cheaper means of energy production such as natural gas and renewables, as well as growing concerns over greenhouse gas emissions. The U.S. coal mining industry has also been on the decline in recent years.

The Chinese coking coal market is experiencing a price decline due to oversupply and low steel demand, affecting global market dynamics.

Australia Commodity Price Index: Weights: Other Resources: Metallurgical Coal data was reported at 15.900 % in Feb 2013. This stayed constant from the previous number of 15.900 % for Jan 2013. Australia Commodity Price Index: Weights: Other Resources: Metallurgical Coal data is updated monthly, averaging 15.900 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 23.300 % in Aug 2009 and a record low of 15.900 % in Feb 2013. Australia Commodity Price Index: Weights: Other Resources: Metallurgical Coal data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Discover how a slowdown in global steel production is influencing coking coal prices, with forecasts predicting moderate declines by 2025.

5155 Global export shipment records of Coking Coal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The Australian hard coking coal price is an essential indicator for the global steel and coal industries. This article discusses the factors influencing the price, its historical volatility, and its current status. The price is quoted in US dollars per metric tonne and is important for investors, steel producers, and other stakeholders in assessing profitability and market dynamics.

Coal is a key input in steelmaking and energy generation. Although coal deposits are found all over the world, Australia is one of the world's lowest-cost producers and a major coal exporter. Domestic reserves exceed domestic demand, are high grade and are economical to access. As a result, exports account for a large share of coal mining revenue. Imports are negligible, as local production is higher than domestic demand for coal. Black coal mining accounts for most activity, with some brown coal used domestically for electricity generation in Victoria. Volatile trading conditions in global markets are affecting coal miners. Global energy demand fell over the two years through 2020-21, as the pandemic disrupted supply chains, international travel came to a standstill and businesses shut down around the globe. This weighed heavily on coal prices. Coal mining revenue has since rebounded on the back of soaring prices, with the Russia-Ukraine conflict sending ripples through global energy markets and causing coal, oil and gas prices to rise. This impact is wearing off as global markets recalibrate, with coal prices falling noticeably over the two years through 2024-25. Overall, the Coal Mining industry’s revenue is expected to have grown at an annualised 3.4% over the five years through 2024-25. Revenue is anticipated to plummet 13.4% in 2024-25, to an estimated $107.1 billion, as prices continue to recede from their peak in 2022-23. Coal mining revenue is projected to fall over the next five years. Although Australian coal production volumes are forecast to rise slightly, global prices for metallurgical and thermal coal are projected to continue to retreat from recent record highs as supply and demand conditions stabilise. The industry’s profitability is also set to fall, although cost-cutting efforts and efficiency gains will provide some support for coal mining margins. Revenue is projected to drop at an annualised 3.9% over the five years through 2029-30, to $87.7 billion.

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Australia Coal Market size was valued at USD 57 Billion in 2024 and is projected to reach USD 68 Billion by 2032, growing at a CAGR of 2.2% during the forecast period from 2025-2032.

Australia Coal Market: Definition/Overview

Coal mining represents one of Australia’s most significant export industries, whereby both thermal and metallurgical coal are produced. Thermal coal is utilized primarily for power generation, while metallurgical coal is essential for steel production.

Furthermore, the industry is characterized by advanced mining technologies, strict safety regulations, and environmental management practices. The quality of Australian coal is recognized globally, with low ash content and high energy value key attributes that are valued by international buyers.