30.10.202500:41:55UTC+00Australia Export Prices Fall 0.9% in Q3

Australia experienced a 0.9% quarter-on-quarter reduction in export prices during the third quarter of 2025, following a 4.5% decline in the second quarter. This marks the second decline recorded this year. The primary factors contributing to this decrease were the reductions in gas, natural and manufactured products by 5.2%, attributed to decreasing petroleum gas prices as oil-indexed contracts aligned with lower crude oil prices in the June quarter. Similarly, the prices for coal, coke, and briquettes fell by 1.5%, impacted by declining metallurgical coal prices due to China's policies aimed at curbing unsustainable steel production. Additionally, there was a 0.5% decrease in metalliferous ores and metal scrap prices, as the tight supply of alumina and bauxite lessened this quarter. These declines were partially countered by a 3.2% rise in gold, non-monetary, as demand for this safe-haven asset remained strong, and a 2.1% increase in the prices of meat and meat preparations, driven by robust demand for Australian beef and sheep meat. Annually, through the third quarter, export prices experienced a 0.1% growth, reversing from a 3.3% drop in the previous quarter.