Newcastle Coal Price Holds Steady at US$374 per Ton (Tuesday, May 10, 2022)

Newcastle coal price as of 11.04 WIB today remains at US$374 per ton, data as of Tuesday, May 10, 2022. The Newcastle coal price is higher than the closing price on Sunday, May 8, 2022, which was traded at US$360.35 per ton.

As shown on investing.com, the Newcastle coal price has increased by 14.51% in a week. Compared to 30 days prior, the Newcastle coal price has increased by 33.1%.

However, for the one-year data range, Newcastle coal has actually decreased. The previous highest record reached US$440 per ton.

For the January-May 2022 period, the Newcastle coal price has continued to rise, increasing by 41.67% compared to the previous month's level of US$264 per ton.

This increase in the Newcastle coal price is influenced by the arrival of winter and the Newcastle coal price crisis in China, which has impacted global Newcastle coal prices. Other commodity factors, such as the increase in natural gas prices, also affect global Newcastle coal prices. This increase in the price of basic commodities is due to the global economic recovery post-COVID-19 pandemic.