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Sunday, January 8, 2012

Australia Newcastle thermal coal declines 1pct to USD 114 per tonne

Sunday, 08 Jan 2012

Bloomberg reported that Power station coal prices at Australia Newcastle port an Asian benchmark fell 1% in the week ended today.

According to the globalCOAL NEWC Index coal prices at the New South Wales port decreased to USD 114.30 per tonne from USD 115.47 the previous week.

Xstrata Plc the world largest exporter of power station coal, BHP Billiton Ltd and Rio Tinto Group are among mining companies that ship coal through Newcastle.

(Sourced from Bloomberg)

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