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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.
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 [...]
Coal Mine Exploration at Australia’s Newcastle Port, Take Advantage of Higher Prices
Australian coal mine producers, the world’s largest mining exporters of the fuel, are switching output to semi-soft coal from thermal coal to take advantage of higher prices, reducing supply of power station coal, Mark Pervan, a senior commodity strategist with Australia and New Zealand Banking Group Ltd. in Melbourne, said today by phone.
Thermal coal [...]
Newcastle Coal Mine Port Jump Record Supply and Demand Third Week
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
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
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 [...]
