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Coking coal prices are subject to constant fluctuations based on multiple market forces, including supply chain disruptions, mining production levels, and changes in steel demand. Prices often react to policy changes in major coal-producing countries like Australia and the U.S. as well as economic growth patterns in high-consumption markets such as China and India. Factors such as weather-related disruptions, labor strikes, and geopolitical events can cause supply constraints, driving prices upward.