How much does coking coal cost in Australia?

The average FOB price for Australian prime coking coal in 2019 was about USD 176/t, a y-o-y drop of roughly 15%. In comparison, supply costs for coking coal decreased only slightly, indicating that the profitability of met coal production decreased. The supply cost curve for both high and low calorific thermal coal decreased from 2018 to 2019.

How does the coal industry affect coal prices?

The ability of the industry to reduce the environmental footprint of coal could have a big effect on coal demand and prices. Transporting coal from mines to consumers requires trains, barges and trucks. All of these modes of transportation use diesel fuel, so changes in its price can have a significant effect on coal prices.

What was the average FOB price for Australian thermal coal in 2019?

In 2019 the average FOB price for Australian thermal coal with a CV of 6 000 kcal/kg was about USD 76/t, a decrease of roughly 28% from 2018, indicating a decrease in thermal coal production profitability for high CV coal. Producers of low calorific thermal coal also faced falling prices in 2019.

What is Indonesian coal price reference?

The leading coal price reference used by buyers and sellers of Indonesian coal and used in the computation of the Indonesian domestic coal price. It includes key prices such as ICI3, ICI4 and ICI5. Your trusted source of the latest coal API index assessments, it includes key prices such as API 2, API 4, API 5 and API 8.