Newcastle Coal Price Rises to US$138 per Ton (Sunday, July 2, 2023)

Agus Dwi Darmawan 02/07/2023 13:44 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 (Sunday, July 2, 2023)

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Newcastle Coal Price Rises to US$138 per Ton (Sunday, July 2, 2023)

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Newcastle Coal Price Trend Over the Last 14 Days (Sunday, July 2, 2023)

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As of 1:16 PM WIB on Sunday, July 2nd, 2023, the Newcastle coal price is US$138 per ton. This represents a 7.77% increase compared to the previous day's closing price of US$128.05 per ton.

According to investing.com, the Newcastle coal price has risen 9.96% over the past week. However, compared to 30 days ago, the price is still down -13.75%.

Over the past year, the Newcastle coal price has actually declined. The previous high reached US$457.8 per ton.

The Newcastle coal price reached its lowest point of US$124.15 per ton on Wednesday, June 21st, 2023, and its highest point this year at approximately US$397.5 per ton.

The increase in the Newcastle coal price is influenced by the approaching winter season and the coal price crisis in China, which has impacted 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."