Already a Bloomberg.com user?
Sign in with the same account.
Nov. 4 (Bloomberg) -- Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, dropped 0.8 percent in the week ended today.
Coal prices at the New South Wales port declined to $116.94 a metric ton from $117.89 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.
--Editors: John Chacko, Sam Nagarajan
To contact the reporter on this story: Pratish Narayanan in Mumbai at pnarayanan9@bloomberg.net
To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net