Jakarta, CNBC Indonesia – Coal prices are down again. Not just down, but melted down. Yesterday, the price of coal on the ICE Newcastle (Australia) market was at US$ 181.95/ton. Loss of 14.62% compared to the day before. This is the deepest daily correction since October 6, 2021. This correction made the price of the … Read more
Jakarta, CNBC Indonesia – Coal prices fell on trading yesterday. Not just down, but ambrol. Yesterday, the price of coal on the Newcastle (Australia) ICE market closed at US$ 220.9/ton. A drop of 6% from the previous day. This correction seems to be the result of a massive sell-off (sell-off). Search how could be the … Read more
Jakarta, CNBC Indonesia – Coal prices fell in yesterday’s trading. The price correction for the black stone occurred in line with the decline in natural gas prices. Yesterday, the price of coal on the ICE Newcastle (Australia) market was recorded at US$ 235/ton. Ambledown of 2.63% compared to last weekend’s closing position. The fall in … Read more
Jakarta, CNBC Indonesia – Coal prices did not record an increase or decrease throughout last week. Starting the week at US$ 225.75/ton, the price of the black stone finished in the same position. In the first two trading days last week, coal prices rose sharply by 10.3% and 12.45%, respectively. However, nature then found its … Read more
Jakarta, CNBC Indonesia – It has been nearly a year since Australia-China relations have been strained. The reason is Australia’s push to hold China responsible for the coronavirus pandemic (Coronavirus Disease-2019/Covid-19) which is shattering the world. The Canberra-Beijing relationship has an impact on the trade aspect. China is reluctant to buy coal from Australia. Whereas … Read more