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Australian Coal Mine Port, Newcastle Port Benchmark Asia Coal Price

Monday, June 30th, 2008

Increasing demand of coal mine supply in Asia makes the coal price to experience increase. this demand caused height of oil price. this condition makes several state to transfer source of energy from oil to usage of coal mine as component of burning to support industrial process.
Demand increase effect of result of coal mine exploration […]

Newcastle Coal Mine Port Jump Record Supply and Demand Third Week

Monday, June 16th, 2008

Thermal coal prices at Australia’s Newcastle port, a benchmark for Asia, jumped to a record for a third week on supply curbs and rising demand.
The index for power-station coal prices at the New South Wales port rose $1.70, or 1.1 percent, to $160.23 a metric ton in the week ended June 13, according to the […]

Australian Coal Mining Port Assessing Coal Mine Ship Restrictions on High Seas

Friday, June 6th, 2008

Australia’s Newcastle port is assessing whether to lift restrictions on ship movements as the world’s biggest coal-export harbor faces a second night of high seas and strong winds.
Ships off the coast are experiencing winds of 30 kilometers an hour (18 miles an hour) and seas of up to 6 meters, according to a government statement […]

Coal prices at Australia’s Newcastle Port

Monday, May 12th, 2008

Thermal coal prices at Australia’s Newcastle port, a benchmark for Asia, rose to an 11-week high as constraints on exports restrict supply growth amid increasing demand from power generators in Asia.
The weekly index for power-station coal prices at the New South Wales port gained 63 cents, or 0.5 percent, to $133.63 a metric ton in […]

Coal-Prices Rebound In Asia Market and Tradding :

Wednesday, April 16th, 2008

Benchmark energy coal prices at Australia’s Newcastle port rose after six straight weeks of decline following contract settlement between Xstrata XTA.L and Japan’s Chubu Electric 9502.T.
Thermal coal prices rose $5.83 from a week earlier to $125.42 a tonne, the globalCOAL’s NEWC weekly index showed in the week ended April 12, based on prices at Australia’s […]

Australia’s Newcastle Thermal Coal Price Drops for Sixth Week

Monday, March 31st, 2008

Thermal coal prices at Australia’s Newcastle port, a benchmark for Asia, dropped for a sixth week as disruptions to exports eased in Queensland and China and amid weaker demand from Northern Hemisphere buyers after winter.
The weekly index for power-station coal prices at the New South Wales port dropped $4.86, or 3.9 percent, to $119.50 a […]

Australian Coal Exploration and Price : Reaches Record on Supply Concern

Monday, January 7th, 2008

Australia’s Newcastle port, a benchmark for Japan, South Korea and Taiwan, rose to a record on concern that demand is outpacing supply.
Prices for coal excluding shipping costs for delivery within three months rose $2.08, or 2.3 percent, to $91.77 a metric ton in the week ended Jan. 4, according to the globalCOAL NEWC Index, an […]

Newcastle Coal Price Reaches Record on Supply Limits

Monday, November 12th, 2007

Energy coal prices at Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose to a record on supply bottlenecks and growing demand, adding to expectations of higher Asian contract prices next year.
Coal for delivery from Newcastle within the next three months gained $1.43 to $83.51 a metric ton in the week ended […]

Australian coal prices reach record

Tuesday, October 30th, 2007

Energy coal prices at the port of Newcastle, Australia, the world’s biggest export harbor for the fuel, rose 1.3 percent to a record on expectations of supply shortages in Asia and a disruption to deliveries from a Queensland State mine.
Coal for immediate delivery at Newcastle rose 96 cents to $76.95 a metric ton in the […]

Mining Contract : Japanese Coal Mining and Xstrata contract coal price ups 20 percent

Thursday, October 25th, 2007

Xstrata Plc XTA.L has upped its offer in thermal coal term contract negotiations with Japanese utilities by as much as 20 percent to $78 a tonne on a worsening supply outlook, industry sources said on Thursday.
But the utilities, such as Chubu Electric 9502.T, balked at the steep increase in prices, producers and Japanese buyers said.
“Japanese […]