Newcastle Coal Price Rises to US$198 per Ton (Tuesday, April 25, 2023)

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Agus Dwi Darmawan 25/04/2023 13:48 WIB

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

Newcastle Coal Price Trend Over the Last 14 Days (Tuesday, April 25, 2023)

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Newcastle Coal Price Rises to US$198 per Ton (Tuesday, April 25, 2023)

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Newcastle Coal Price Trend Over the Last 14 Days (Tuesday, April 25, 2023)

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As of 1:16 PM WIB on Tuesday, April 25, 2023, the price of Newcastle coal is US$198 per ton. This represents a 4.21% increase compared to the previous day's closing price of US$190 per ton.

According to investing.com, the price of Newcastle coal has risen by 5.88% in the past week. Compared to the previous 30 days, the price has increased by 14.95%.

However, over the past year, Newcastle coal prices have actually decreased. 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. This increase in 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."