Newcastle Coal Price Rises to US$198 per Ton (Thursday, April 27, 2023)

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Agus Dwi Darmawan 27/04/2023 13:48 WIB

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Other commodity factors, such as the increase in natural gas prices, also affect the global Newcastle coal price.

Newcastle Coal Price Trend Over the Last 14 Days (Thursday, April 27, 2023)

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Newcastle Coal Price Rises to US$198 per Ton (Thursday, April 27, 2023)

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Newcastle Coal Price Trend Over the Last 14 Days (Thursday, April 27, 2023)

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As of 1:16 PM WIB on Thursday, April 27, 2023, the Newcastle coal price is US$198 per ton. This represents a 4.13% increase compared to the previous day's closing price of US$190.15 per ton.

According to investing.com, the Newcastle coal price has risen 2.86% in the past week. Compared to 30 days ago, the price has increased by 12.15%.

However, over the past year, Newcastle coal prices have actually declined. The previous record high reached US$457.8 per ton.

From January to April 2023, Newcastle coal prices showed a downward trend, falling by -49.23% compared to the beginning of the year, which stood at US$390 per ton.

The increase in Newcastle coal prices is influenced by the arrival of winter and the coal price crisis in China, impacting global Newcastle coal prices. Other commodity factors, such as rising natural gas prices, also affect global Newcastle coal prices. The increase in these basic commodity prices is a result of the global economic recovery post-COVID-19 pandemic.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."