August 12, 2026 - Global coking coal prices showed mixed trends in early August.

According to Kallanish, the price of high-quality coking coal FOB Australia stood at $214.9/t as at 7 August 2026 (-10% compared with 10 July).

Spot prices for coking coal in China (EXW, Anze) on the same date stood at $296.3/t, down 0.3% on 10 July.

In late July and early August, the Chinese coking coal market remained within a certain price range due to mixed signals regarding future price trends. Currently, concerns over a supply shortage are enabling Chinese miners to raise prices for this raw material.

In particular, at the start of this month, several mines in Shanxi Province were shut down for four days due to power cuts caused by heavy rain (operations resumed on 8 August). Furthermore, on 6 August, the mining company Shanxi Coking Coal Energy Group announced the suspension of operations at the Xiqu mine following a fatal accident.

The market is also being affected by potential disruptions to exports from Mongolia due to a fuel shortage in that country, as well as Beijing’s tightening of the criteria for approving new coal-fired power capacity.

As for Australian seaborne coking coal, prices have continued to fall since late July–early August due to an oversupply, in particular greater availability of cargoes this month and in September, against a backdrop of weaker demand. Future trends will depend on the situation in China, particularly the duration of production disruptions in Shanxi province. Selective purchases of premium-grade coal by Chinese consumers provided some support to the seaborne coal market last week.

It should be noted that global coking coal prices fell in the first ten days of July against a backdrop of weak demand from China and India.