Australian coal price forecasts signal a steady medium-term outlook
December 2, 2025
The premium Australian hard coking coal (HCC) spot price has declined sharply over recent months, and is forecast to remain subdued over the outlook period. Rising supply combined with falling demand is expected to drive an easing of the average price from US$186 a tonne in 2019 to US$158 a tonne in 2021. Source: Office of the Chief Economist, Australia
