Bloomberg News

Australia Newcastle Thermal Coal Falls 1.5% to $113.69 a Ton

November 18, 2011

Nov. 18 (Bloomberg) -- Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, dropped 1.5 percent in the week ended today.

Coal prices at the New South Wales port declined to $113.69 a metric ton from $115.40 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, Abhay Singh

To contact the reporter on this story: Rajesh Kumar Singh in New Delhi at rsingh133@bloomberg.net

To contact the editor responsible for this story: Amit Prakash at aprakash1@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus