Newcastle Coal Price Rises to US$134 per Ton (Thursday, August 3, 2023)

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Agus Dwi Darmawan 03/08/2023 13:52 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 Movement Over the Last 14 Days (Thursday, August 3, 2023)

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Newcastle Coal Price Rises to US$134 per Ton (Thursday, August 3, 2023)

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Newcastle Coal Price Movement Over the Last 14 Days (Thursday, August 3, 2023)

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As of 1:16 PM WIB on Thursday, August 3, 2023, the Newcastle coal price is US$134 per ton. This represents a 0.37% increase compared to the previous day's closing price of US$133.5 per ton.

According to investing.com, the Newcastle coal price showed no change (0%) over the past week. However, compared to 30 days ago, the price has increased by 4.77%.

Over the past year, however, Newcastle coal prices have actually decreased. The previous record high reached US$457.8 per ton.

The lowest price this year for Newcastle coal was US$124.15 per ton on Wednesday, June 21, 2023. The highest price this year reached approximately US$397.5 per ton.

The increase in Newcastle coal prices is influenced by the approaching winter season and the coal price crisis in China, which impacts 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."