Newcastle Coal Price Rises to US$370 per Ton (Thursday, January 26, 2023)

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Agus Dwi Darmawan 26/01/2023 13:47 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 (Thursday, January 26, 2023)

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Newcastle Coal Price Rises to US$370 per Ton (Thursday, January 26, 2023)

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Newcastle Coal Price Trend Over the Last 14 Days (Thursday, January 26, 2023)

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As of 1:16 PM WIB on Thursday, January 26, 2023, the price of Newcastle coal is US$370 per ton. This represents a 4.52% increase compared to the previous day's closing price of US$354 per ton.

According to investing.com, the price of Newcastle coal has increased by 0.54% over the past week. However, compared to 30 days ago, the price is still down by -7.65%.

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

For the month of January 2023, Newcastle coal prices have shown a downward trend, falling by -5.13% compared to the beginning of the year, which stood at US$390 per ton.

This 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."