Australia Export Prices MoM

Australia’s export prices increased by 3.2% quarter-on-quarter in Q4 2025, recovering from a 0.9% decline in Q3, marking the first increase in three quarters, and the fastest pace in a year. The main contributors to the rebound were gold, non-monetary (+19.5%), reflecting ongoing demand for gold as a safe-haven asset due to geopolitical and economic uncertainty; metalliferous ores and metal scrap (+2.6%), driven by improved market sentiment this quarter, with iron ore demand improving due to seasonal restocking in China; and coal, coke and briquettes (+3.6%), supported by rising metallurgical coal prices. Offsetting these increases were gas, natural & manufactured (-5.2%), boosted by falls in petroleum gases, as oil-indexed contracts followed lower crude oil prices during Q3 2025; and petroleum and petroleum products (-6.7%), underpinned by production hikes by OPEC+ nations earlier in 2025. Through the year to Q4, export prices dropped by 0.3%, after edging up a 0.1% in Q3.