Newcastle Coal Prices Fall as Lunar New Year Approaches

Industrial Metals

Platts reported that Newcastle thermal coal prices fell as Chinese demand dropped off.

Platts reported that Newcastle thermal coal prices fell as Chinese demand dropped off.

As quoted in the market news:

Premium quality Newcastle thermal coal was trading at $116/mt FOB during Asian trading hours Friday, and on a Newcastle 5,500 kcal/kg NAR basis, these offers worked out to $99-100/mt FOB.

Click here to read the full Platts report.

The Conversation (0)
×