Sunday, July 8, 2007

Australia's Newcastle Port Coal Price Drops for First Time in Nine Weeks

(Bloomberg) -- The price of power-station coal at
Newcastle fell for the first time in nine weeks from a record
as Australian shipments returned to normal after storms.

Coal from the world's largest export harbor for the fuel
in New South Wales fell 4.7 percent to $67.56 a metric ton in
the week ended July 6 from $70.88 in the previous week,
according to the globalCOAL NEWC Index.


Read more at Bloomberg Energy News

No comments: