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Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS


Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks.

The index for coal prices at the New South Wales port decreased $1.25 to $84.75 a metric ton in the week to yesterday from $80 the previous week, according to the globalCOAL NEWC Index.

Xstrata Plc, the world’s largest supplier of power-station coal, BHP Billiton Ltd. and Rio Tinto Group are among mining companies that ship coal through Newcastle.
Source: Bloomberg



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