Newcastle Coal Price Rises to US$405 per Ton (Sunday, December 25, 2022)

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Agus Dwi Darmawan 25/12/2022 13:55 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 (Sunday, December 25, 2022)

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Newcastle Coal Price Rises to US$405 per Ton (Sunday, December 25, 2022)

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Newcastle Coal Price Movement Over the Last 14 Days (Sunday, December 25, 2022)

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As of 1:16 PM WIB on Sunday, December 25, 2022, the Newcastle coal price is US$405 per ton. This represents a 0.97% increase compared to the previous day's closing price of US$401.1 per ton.

According to investing.com, the Newcastle coal price has risen 0.5% in the past week. Compared to 30 days ago, the price has increased by 18.77%.

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$157.5 per ton on Wednesday, January 5, 2022, and a high of US$457.8 per ton this year.

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."