How much is coal per tonne in Australia?

How much is coal per tonne in Australia?

How much is coal per tonne in Australia?

In 2020, the price of Australian coal was around 60.8 U.S. dollars per metric ton.

What is the price of coal per ton today?


Name Price Unit
Coal 323.50 USD per Ton
RBOB Gasoline 4.25 USD per Gallone
Uranium 51.40 USD per 250 Pfund U308
Oil (Brent) 122.02 USD per Barrel

How much is a ton of coal in 2020?

The average sales price of metallurgical coal decreased 21.0% from the 2019 level to $110.64 per short ton. Total U.S. coal stocks in 2020 ended at 162.1 MMst, 2.1% lower than at the same time in 2019.

What is Newcastle thermal coal price?

Benchmark Newcastle thermal coal averaged $264 a ton in the first three months, 43% higher than prices in the final quarter of 2021, Whitehaven said. Prices in April had averaged $302 a ton as of Tuesday, according to the firm.

What is Newcastle coal price?

Key Turning Points

52-Week High 410.10
Last Price 369.00s
Fibonacci 61.8% 287.69
Fibonacci 50% 249.88
Fibonacci 38.2% 212.06

Why is coal so expensive right now?

U.S. miners say demand is going to remain strong through next year, and some already have contracts to sell almost all of their expected output for 2022. β€œThe reason spot prices are so high in the U.S. is because there’s no supply, no availability,” said Andrew Cosgrove, a mining analyst for Bloomberg Intelligence.

Will coal prices go up 2022?

FocusEconomics raises 2022 coal price outlook 9%

What is the outlook for coal?

Total coal consumption is forecast to be 531.2 million st in 2022 and 510.2 million st in 2023. Coal generation is projected at 21.3% in 2022 and 20.3% in 2023. EIA estimates that nominal delivered coal prices will average $1.98/MMBtu in 2022 and $1.95/MMBtu in 2023.

Are coal prices set to rise?

The steep rise in natural gas prices has also increased demand for coal power by making it more cost-competitive. Overall coal demand worldwide – including uses beyond power generation, such as cement and steel production – is forecast to grow by 6% in 2021.