Coal prices skyrocket amid rising demand & soaring gas prices ...News

Russia Today - Economy
Coal prices skyrocket amid rising demand & soaring gas prices
source : Russia Today ( News ) () 21
Asian benchmark Australian thermal coal at Newcastle Port has seen an unprecedented 106% gain in prices in 2021. In stark contrast, international oil benchmark Brent crude gained only 33% this year. The price of coal soared to more than $166 per metric ton, according to the latest report by market data provider Argus. The Newcastle weekly index, which stood at $46.18 in September 2020, now stands at its all-time high of $195.20 from July 2008. Also on rt.com China restarts coal mines to keep up with power demand The Richards Bay index, Newcastle’s South

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