Newcastle Coal Price Rises to US$405 per Ton (Tuesday, December 20, 2022)

Agus Dwi Darmawan 20/12/2022 13:51 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 (Tuesday, December 20, 2022)

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Newcastle Coal Price Rises to US$405 per Ton (Tuesday, December 20, 2022)

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Newcastle Coal Price Movement Over the Last 14 Days (Tuesday, December 20, 2022)

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As of 1:16 PM WIB on Tuesday, December 20, 2022, the Newcastle coal price is US$405 per ton. This represents a 0.91% increase compared to the previous day's closing price of US$401.35 per ton.

According to investing.com, the Newcastle coal price has risen 1.19% over the past week. Compared to 30 days ago, the price has increased by 24.9%.

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 has risen 138.1% from its year-start level of US$170.1 per ton.

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