Newcastle Coal Price Rises to US$166.5 per Ton (Sunday, May 14, 2023)

Agus Dwi Darmawan 14/05/2023 13:53 WIB

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Read: Newcastle Coal Price Rises to US$178.2 per Ton (Thursday, May 11, 2023) As shown on Investing.com

Newcastle Coal Price Movement Over the Last 14 Days (Sunday, May 14, 2023)

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Newcastle Coal Price Rises to US$166.5 per Ton (Sunday, May 14, 2023)

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Newcastle Coal Price Movement Over the Last 14 Days (Sunday, May 14, 2023)

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As of 1:16 PM WIB on Sunday, May 14, 2023, the Newcastle coal price is US$166.5 per ton. This represents a 0.97% increase compared to the previous day's closing price of US$164.9 per ton.

According to investing.com, the Newcastle coal price has fallen by 1.86% over the past week. Compared to 30 days ago, the price is down by -15.91%.

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

The Newcastle coal price reached a low of US$163 per ton on Thursday, May 11, 2023, and a high of US$397.5 per ton this year.

The increase in Newcastle coal prices is influenced by the approaching winter season 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 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."