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China Coal Mine Trade and Demand
THE world’s busiest coal port used to be Newcastle, England and then Newcastle, Australia. Now it is Qinhuangdao, 300 kilometres east of Beijing on the Bohai Sea.
The amount of coal shipped out of the Bohai Sea each week is almost equal to the rest of the world’s seaborne coal trade. Most of those ships feed [...]
Coal Mine Trade and Market, buyers wait and sellers panic
The world’s busiest coal port used to be Newcastle, England, and then it was Newcastle, Australia. Now it’s Qinhuangdao, 300 kilometres east of Beijing on the Bohai Sea.
The amount of coal shipped each week out of the Bohai Sea is almost equal to the rest of the world’s seaborne coal trade. Most of those ships [...]
Newcastle Coal Price Reaches Record on Supply Limits
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 [...]
