Home / Directory / List News / Detail News

Commodity Price Update: Coal Up 18.2 Percent, Nickel Down 2.6 Percent

kumparan.com

Wed 30 Nov 2022, 08:00 AM

Share

Events

In the past year, global oil prices have fallen from their lows. Even so, West Texas Intermediate (WTI) crude oil closed positive at the close of trading on Monday (28/11).

Tuesday (29/11) U.S. West Texas Intermediate (WTI) crude closed up 96 cents, or 1.3 percent, to USD 77.24, after touching its lowest level since December 2021 at USD 73.60. Brent crude settled at USD 83.19 a barrel, down 0.5 percent.

Coal

Coal prices were observed to rise in trading on Monday (28/11). According to the ICE Newcastle (Australia) exchange, the December 2022 contract coal price rose 18.2 percent to USD 379 per ton.

The same thing also happened for the coal price contract in February 2023 which increased by 14.45 percent to USD 365 per ton.

Crude palm oil (CPO) prices were observed to strengthen in trading on Monday (28/11). Based on the Malaysia Exchange, the CPO price of the January 2023 contract rose 1.08 percent to MYR 4,140 per ton.

Meanwhile, CPO prices for the February 2023 contract rose 0.7 percent to MYR 4,091 per ton. And for the March 2023 contract, it also strengthened by 0.9 percent to MYR 4,099 per ton.

Nickel

Nickel prices were observed to fall at the close of trading on Monday (28/11). Nickel prices on the basis of the London Metal Exchange (LME) closed down 2.62 percent to USD 25,416 per tonne.

Tin

Tin prices declined at the close of trading on Monday (28/11). Based on the LME website, Tin prices closed down 0.03 percent to USD 22,231 per tonne.

Image source: PT Antam

Source: https://kumparan.com/kumparanbisnis/update-harga-komoditas-batu-bara-naik-18-2-persen-nikel-turun-2-6-persen-1zLApEEFsUX/full

Advertisement

Relate News

News
13 Mar 2024, 14:33 PM

Global Tin Price Surges, TINS Shares Soar more than 22%

CNBC Indonesia / Andrean Kristianto
3188 Views
News
20 Oct 2022, 08:00 AM

MIND ID Targets 28% Reduction in Carbon Emissions by 2030

www.suara.com
2625 Views
News
16 Jun 2023, 12:00 PM

Women's Involvement in the Energy Sector in Achieving Net Zero Emissions

padek.jawapos.com
2651 Views
News
27 Feb 2023, 12:00 PM

Golden Energy Mines (GEMS) Focusses on Maintaining Performance Amid Sloping Coal Prices

industri.kontan.co.id
2246 Views
Hello! We would like to talk to you.Please fill the details below to start chatting with us.