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Monday, 13 June 16
PORT OF NEWCASTLE SHIPPED 5.03% MORE COAL IN MAY; AVERAGE SELLING PRICE DECLINED 2.08% FROM APRIL
Port of New CastleCOALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1.162billion worth of 13.602 million tons of Power plant coal and coking coal for the month ended May 2016. The average selling price for month May was around average $AU 85.45 (approximately US$ 63.02 ) per tons declined approximately 2.08 percent from April 2016 average selling price of $AU 87.27 per ton.

According to Port’s monthly report, YTD (2016 calendar year to date), the port has shipped $AU 5.580 billion worth of 64.801 million tons of coal. The average selling price YTD was around average $AU 86.11 per MT.

Port has shipped 5.03 percent more coal in May compared to its April 2016 loading of 12.953 million tons.

$AU 1,162.7 million trade value of coal shipped in May 2016 compared to $AU 1,130.5 million in April 2016.

According to operation report posted on port’s website, as of 31 May 2016, the port has served 146 (up 7.35% month on month) ocean going vessels in May 2016 and 711 vessels January – May this year.

The port’s report further noted that, the Port of Newcastle has shipped coal to Australia, China, India, Japan, Korea, Malaysia, Mexico, New Caledonia and Taiwan in the month of May 2016.

Anglo, Peabody, Rio Tinto and Xstrata are some of the larger coal exporters to ship coal from Newcastle port.

About Port of Newcastle
The Port of Newcastle is the largest bulk shipping port on the east coast of Australia and the world’s leading coal export port. On 30 May 2014, Port of Newcastle Investments (trading as Port of Newcastle) commenced a 98-year lease of the Port of Newcastle with the New South Wales Government.

According to company’s website, the principal trade at the Port of Newcastle is coal. Non-coal commodities traded through the port include grain, steel, project cargo, vegetable oils, fuels, orange juice concentrate and containers destined for local business.

The principal trade at the Port of Newcastle is coal. Utilizing its expertise in coal supply chain logistics, the Port of Newcastle is also one of the most diverse ports in Australia.
Source: Port of Newcastle Monthly Trade Report – May 2016


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Friday, 10 June 16
INDONESIAN 6322 GAR COAL PRICE REFERENCE RISES TO $51.81 A TON
COALspot.com: The Indonesia Coal Benchmark Price increased in June 2016. The Director General of Mineral and Coal of Indonesia, the regulator ...


Friday, 10 June 16
WEEKLY U.S. COAL PRODUCTION TOTALED AN ESTIMATED 12 MMST IN THE WEEK ENDED JUNE 4, UP 4% W/W - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 12 million short tons (mmst ...


Wednesday, 08 June 16
BPI ACHIEVES FINANCIAL CLOSE FOR ITS 2000 MW POWER PROJECT IN CENTRAL JAVA
COALspot.com: PT Bhimasena Power Indonesia (BPI) on June 6th, 2016 Achieves financial close for its 2x1,000 MW power project in Batang Regency, Cen ...


Wednesday, 08 June 16
U.S COAL IMPORTS ARE PROJECTED TO BE 12 MMST IN 2016 AND 11 MMST IN 2017 - EIA
Coal Supply U.S. coal production in May was 50 million short tons (MMst), a 4 MMst (10%) increase from the previous month but 19 MMst (28%) lower ...


Wednesday, 08 June 16
THE DRY BULK MARKET KEPT MOVING SIDEWAYS LAST WEEK; SECOND HAND PURCHASES MOVING NORTH - INTERMODAL
Once again its Posidonia time and the biannual exhibition takes place during a very warm June here in Athens, as if the performance of the dry bulk ...


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