Forecast Newcastle thermal coal price 2024-2028
Newcastle thermal coal had an average price forecast of 130.80 nominal U.S. dollars per metric ton for 2024, as of June and July 2024. During the period in consideration, the forecast presents a trend of continuous decrease. By the end of 2028, Newcastle thermal coal price is expected to drop to 102.80 nominal U.S. dollars per metric ton.
The Newcastle (NEWC) thermal price for coal is the benchmark for seaborne coal contracts within the Asia-Pacific region, which is home to the largest coal producing countries.
