Australia’s Metallurgical Coal – Quarterly Update

Metallurgical coal prices have fallen sharply in recent months, reaching four year lows as a result of the demand-side impacts of COVID-19. The Australian premium hard coking coal (HCCƑ price is forecast to average US$126 a tonne in 2020, down from US$179 a tonne in 2019. Source: Office of the Chief Economist, Australia