An analyst at an investment bank is tipping metallurgical coal prices could rise above USD2K/ton in H2 2025.

  • Australian coal exporters are favoured due to both gigher prices and higher volumes

Citing:

  • coal tariffs on US coal are expected to reshape trade flows (China recently imposed a 15% tariff on US coking coal)
  • steering demand toward Australian volumes
  • rising demand from India (increased steel output)

Australian prime hard coking coal, currently around $US183 per ton

coal truck
Source: Forex Live