Mining News

Coal prices to remain volatile heading into 2022

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Although coal prices are expected to remain volatile over the remaining quarter of 2021 and into the first quarter of 2022, financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) has revised its 2021 average price forecast for Newcastle coal to $132/t, up from $85/t. The firm explained that while prices have likely peaked, and will generally head lower over the coming months, the new forecast implies an average of $130/t over November and December.

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