Newcastle Coal Price Rises to US$139 per Ton (Sunday, July 30, 2023)

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Agus Dwi Darmawan 30/07/2023 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 Trend Over the Last 14 Days (Sunday, July 30, 2023)

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Newcastle Coal Price Rises to US$139 per Ton (Sunday, July 30, 2023)

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Newcastle Coal Price Trend Over the Last 14 Days (Sunday, July 30, 2023)

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As of 1:16 PM WIB on Sunday, July 30, 2023, the Newcastle coal price is US$139 per ton. This represents a 3.38% increase compared to the previous day's closing price of US$134.45 per ton.

According to investing.com, the Newcastle coal price has risen 4.51% in the past week. Compared to 30 days ago, the price has increased by 10.76%.

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

The Newcastle coal price reached its lowest point of US$124.15 per ton on Wednesday, June 21, 2023, and its highest point this year at around 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."