Australia Newcastle Thermal Coal Climbs 3.6% to $127.43 a ton

Feb 4, 2011

By Rajesh Kumar Singh - Feb 4, 2011 Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, rose 3.6 percent in the week ended today.
Coal prices at the New South Wales port climbed to $127.43 a metric ton from $122.98 the previous week, according to the globalCOAL NEWC Index.
Xstrata Plc, the world’s largest exporter of power-station coal, BHP Billiton Ltd. and Rio Tinto Group are among mining companies that ship coal through Newcastle. (sourced:Bloomberg)