Industrial Metals

Platts reported that Newcastle coal prices are being pressured by lower demand.

Platts reported that Newcastle coal prices are being pressured by lower demand.

As quoted in the market news:

Platts assessed the price of Newcastle thermal coal with a calorific value of 5,500 kcal/kg and typical ash of 20% for loading in the next seven-45 day period, April 24-June 1, at $92.10/mt, down 30 cents on Tuesday’s close and a fourth consecutive on-day drop.

Click here to read the full Platts report.

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