Australia Newcastle Thermal Coal Prices Fall 3% to $72 a Ton

Kalimantan Coal

By Rakteem Katakey
Aug. 21 (Bloomberg) — Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 3 percent, declining for the fourth straight week.
The index for power-station coal prices at the New South Wales port dropped $2.25 to $72 a metric ton in the week to today, 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.
To contact the reporter on this story: Rakteem Katakey in New Delhi at rkatakey@bloomberg.net.

GlobalCoal
Weekly Index

RB Index
24-Jul-09 60.67
31-Jul-09 62.40
07-Aug-09 64.73
14-Aug-09 63.75
21-Aug-09 63.45

NEWC Index
24-Jul-09 78.04
31-Jul-09 76.58
07-Aug-09 75.96
14-Aug-09 74.25
21-Aug-09 72.00

Des ARA Index
24-Jul-09 67.23
31-Jul-09 67.70
07-Aug-09 70.49
14-Aug-09 71.66
21-Aug-09 70.72

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s