By Rakteem Katakey
Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, declined 4.9 percent in the week ending today.
Coal prices at the New South Wales port decreased to $123.29 a metric ton from $129.60 the previous week, according to the globalCOAL NEWC Index.
Xstrata Plc (XTA), the world’s largest exporter of power-station coal, BHP Billiton Ltd. (BHP) and Rio Tinto Group are among mining companies that ship coal through Newcastle.(By bloomberg)
Tags:Rio Tinto, power plant coal, Asian benchmark
Coal prices at the New South Wales port decreased to $123.29 a metric ton from $129.60 the previous week, according to the globalCOAL NEWC Index.
Xstrata Plc (XTA), the world’s largest exporter of power-station coal, BHP Billiton Ltd. (BHP) and Rio Tinto Group are among mining companies that ship coal through Newcastle.(By bloomberg)
Tags:Rio Tinto, power plant coal, Asian benchmark
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