The export prices in Australia have declined by 0.9 per cent in the third quarter of 2025, after a 4.5 per cent decline in Q2. This has marked the second time decline in the same year, owing to several factors influencing Australia’s trade scenario.
The fall in the export prices was largely driven by a decline in the prices of alumina and bauxite. The price of alumina has declined from USD 375 per tonne in Q2 to USD 358 per tonne in Q3. In addition, the price of bauxite has also decreased from USD 95 per tonne in Q2 to USD 75.2 per tonne in Q3.
The alumina and bauxite became more available with less shortage, leading to a drop in prices. The overall price of metalliferous ores and metal scrap declined by 0.5 per cent, primarily due to a decline in alumina and bauxite prices- key raw materials used in primary aluminium production.
The other contributing factors to the decline of export prices include the fall in petroleum gas prices, fall in natural gas, as well as a 5.2 per cent fall in manufacturing. The Coal, coke, and briquettes also declined by 1.5 per cent along with the metallurgical coal prices. This reflects the reduced demand from China to curb the unsustainable steel production. Apart from these decrease other contributing factors include the decrease in gold, non-monetary by 3.2 per cent.
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