Newcastle Coal Price Rises to US$245 per Ton (Sunday, February 5, 2023)

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Agus Dwi Darmawan 05/02/2023 13:41 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, February 5, 2023)

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Newcastle Coal Price Rises to US$245 per Ton (Sunday, February 5, 2023)

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Newcastle Coal Price Trend Over the Last 14 Days (Sunday, February 5, 2023)

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Newcastle coal price as of 1:16 PM WIB today (Sunday, February 5, 2023) is US$245 per ton. This represents a 3.81% increase compared to the previous day's closing price of US$236 per ton.

According to investing.com, the Newcastle coal price has fallen by 31.58% in the past week. Compared to 30 days ago, the price is down by -37.18%.

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 a low of US$236 per ton on Friday, February 3, 2023, and a high of US$397.5 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 due to the global economic recovery post-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."