(Bloomberg) -- Export prices for power-station coal at Newcastle, Australia, the world's largest coal-export terminal, rose to a 10 week high, as producers struggle to get their fuel onto ships because of congestion at the port.
The price of thermal coal for immediate delivery from the port in New South Wales state gained 18 cents to $54.59 a metric ton in the week ended April 27 from a week ago, according to the globalCOAL NEWC Index. The price has increased from a low of $41.10 in the second week of November and in February the index reached a 29-month high.
Read more at Bloomberg Energy News
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