Newcastle Coal Price Rises to US$405 per Ton (Thursday, December 22, 2022)

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Agus Dwi Darmawan 22/12/2022 13:47 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, December 22, 2022)

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Newcastle Coal Price Rises to US$405 per Ton (Thursday, December 22, 2022)

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Newcastle Coal Price Movement Over the Last 14 Days (Thursday, December 22, 2022)

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As of 1:16 PM WIB on Thursday, December 22, 2022, the Newcastle coal price is US$405 per ton. This represents a 0.9% increase compared to the previous day's closing price of US$401.4 per ton.

According to Investing.com, the Newcastle coal price has increased by 0.25% over the past week and by 23.93% over the past 30 days.

However, over the past year, the Newcastle coal price has actually decreased. The previous high reached US$457.8 per ton.

For the period January-December 2022, the Newcastle coal price increased by 138.1% from its year-start level of US$170.1 per ton.

The increase in the Newcastle coal price is influenced by the arrival of winter and the coal price crisis in China, which has impacted global coal prices. Other commodity factors, such as rising natural gas prices, have also affected 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."