The price of Newcastle coal during the day until 13.16 WIB is at the level of US $ 138 per tonne data as of Sunday, July 2 2023. The price of Newcastle coal is up 7.77% compared to the previous day’s closing which was traded at US $ 128.05 per ton .
As stated on investing.com, the price of newcastle coal has moved up 9.96% in a week. Meanwhile, when compared to the previous 30 days, Newcastle coal prices were still lower -13.75%.
However, for a year’s data span, Newcastle coal has actually experienced a decline. The previous highest record had touched the level of US$ 457.8 per ton.
The price of Newcastle coal was at its lowest point of US$ 124.15 per ton on Wednesday, 21 June 2023. Then the highest point this year was in the range of US$ 397.5 per ton.
The increase in Newcastle coal prices was influenced by the arrival of winter and the newcastle coal price crisis in China which had an impact on global Newcastle coal prices. Other commodity factors, such as rising natural gas prices, also had an effect on global Newcastle coal prices. The increase in basic commodity prices was the result of the global economic recovery after the Covid-19 pandemic.
