What is the price of thermal coal?
What is the price of thermal coal?
Coal, Australian thermal coal Monthly Price – US Dollars per Metric Ton
| Month | Price | Change |
|---|---|---|
| Dec 2019 | 66.18 | -1.21% |
| Jan 2020 | 69.66 | 5.26% |
| Feb 2020 | 67.64 | -2.90% |
| Mar 2020 | 66.74 | -1.33% |
Is coal price rising?
Supply disruptions in top coal-exporting countries such as Indonesia and Australia have contributed to the rise. The U.S., while relying on domestically produced coal, is not immune to rising prices. Coal from the Illinois Basin hit $92.50/short ton (st) last week, the highest price since at least 2005.
How much is a tonne of thermal coal worth?
To put the current price in context, this time last year the Newcastle Index was at $87.43 a tonne, having recovered strongly from its pandemic-low in 2020 of $46.94.
What is happening to coal prices?
Related Market Data Northwest European thermal coal prices, as assessed by IHS Markit, averaged around $168 per metric ton in January, versus an average of around $50 in 2020 and $119 in 2021.
Why are coal prices increasing in 2021?
New Delhi: Indian coal prices have surged in auctions held by the country’s state-run miner, with domestic buyers rushing to secure supplies as global disruptions push up the cost of imported fuels.
Will coal prices rise in 2022?
Natural-gas prices (European) are expected to be twice as high in 2022 as they were in 2021, while coal prices are expected to be 80 percent higher, with both prices at all-time highs.
Will coal prices go up 2022?
FocusEconomics raises 2022 coal price outlook 9%
Why coal prices are increasing?
The shortage, leading to high prices, has pushed up spot power tariffs on the India Energy Exchange. A sharp uptick in both international and domestic coal prices due to the ongoing Russia-Ukraine conflict is set to increase input prices for independent power producers and power distribution companies.
Why are thermal coal prices rising?
However, prices are now being driven back up, partly because of increasing costs of acquiring the black coal needed to burn in power stations. An ongoing energy crunch in Europe and Asia has been driving unprecedented demand for shipments of thermal coal from Australia and has boosted commodity prices to record levels.
