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Coal Shipment From Newcastle Port Decline, Coal Mine Exports Fall 25%
Coal shipments from Australia’s Newcastle, the world’s biggest export harbor for the fuel, fell 25 percent last week while the number of vessels waiting outside the port also declined.
Analysist Mining and Industry Sector : China’s Industry Sector Reopen Coal Mine Import After Deal Coal Prices Contract
A months-long dispute between Chinese coal miners and power generators over annual prices has unexpectedly opened the door to rising imports, despite lacklustre demand and a supply glut.
Mining Company, Xstrata To Accept a Cut in Prices Coal Mine Contract in Japanese Utilities
Xstrata Plc, the world’s biggest exporter of power-station coal, has been forced to accept a cut in prices for annual calendar-year contracts for the fuel with Japanese utilities, Citigroup Inc. and Merrill Lynch & Co. said.
Production and Export of Coal Mine Expected to Increase at Newcastle Port Next Year
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, snapped a four- week losing streak, gaining amid forecasts for demand to continue to rise next year.
Coal Mine Exploration Company, Newcastle Coal Price Drops for a Fourth Week Amid Demand Slump
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, dropped for a fourth week, declining to the lowest in almost 14 months as demand from utilities weakened.
Australian state’s mining industry `Extremely Concerned’ Over Coal Levies
New South Wales Minerals Council, representing the Australian state’s mining industry, said it is `extremely concerned” the government is still considering higher coal levies that will heighten risk and deter investment.
China Approve Coal Mine Export Quota of 15.9 Million
China Coal Mining Exploration Company, Shenhua Group said, China approved coal mine export quota totaling 15.9 million metric tons for November and December.
Shenhua can export 6.55 million tons in the so-called second batch of authorized coal shipments for 2008, the Beijing-based official in charge of overseas sales, who declined to be named because of internal [...]
Power-Station Coal Prices At The New South Wales Port Dropp
The weekly index for power-station coal prices at the New South Wales port dropped $8.32, or 6.1 percent, to $128.98 a metric ton in the week ended Sept. 26, according to the globalCOAL NEWC Index. The index has declined 34 percent since reaching a record $194.79 a ton in the week ended July 4.
Coal demand [...]
Coal Mine Export From Newcastle Port Jump 1.98 million tons
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, were little changed last week as supply constraints at a storm-affected port in Vietnam offset declines in the price of oil.
The weekly index for power-station coal prices at the New South Wales state port fell 26 cents, or 0.2 percent, to $161.89 a metric [...]
