Newcastle Coal Price Rises to US$140 per Ton (Thursday, July 13, 2023)

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Agus Dwi Darmawan 13/07/2023 13:50 WIB

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Other commodity factors, such as rising natural gas prices, also affect global Newcastle coal prices.

Newcastle Coal Price Movement Over the Last 14 Days (Thursday, July 13, 2023)

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Newcastle Coal Price Rises to US$140 per Ton (Thursday, July 13, 2023)

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Newcastle Coal Price Movement Over the Last 14 Days (Thursday, July 13, 2023)

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As of 1:17 PM WIB today, Thursday, July 13, 2023, the price of Newcastle coal is US$140 per ton. This represents an 8.49% increase compared to the previous day's closing price of US$129.05 per ton.

According to investing.com, the price of Newcastle coal has decreased by 2.2% over the past week. However, compared to 30 days ago, the price has increased by 4.13%.

Over the past year, however, the price of Newcastle coal has actually declined. The previous high reached US$457.8 per ton.

The lowest price this year was US$124.15 per ton on Wednesday, June 21, 2023, while the highest price reached US$397.5 per ton.

The increase in Newcastle coal prices is influenced by the upcoming winter season and the coal price crisis in China, which has impacted 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 following the 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."