(Bloomberg) -- Export prices for power-station coal
at Newcastle, Australia, the world's largest coal export terminal
rose to their highest level in 13 weeks as reduced exports from
China tightened supplies.
The price of thermal coal for immediate delivery from the
port in New South Wales state increased $1.37 to $54.66 a metric
ton in the week ended May 18 from a week earlier, according to
the globalCOAL NEWC Index. China coal exports fell for a fourth
month in April as the world's second-largest energy user kept
more fuel to meet demand at home.
Read more at Bloomberg Energy News
at Newcastle, Australia, the world's largest coal export terminal
rose to their highest level in 13 weeks as reduced exports from
China tightened supplies.
The price of thermal coal for immediate delivery from the
port in New South Wales state increased $1.37 to $54.66 a metric
ton in the week ended May 18 from a week earlier, according to
the globalCOAL NEWC Index. China coal exports fell for a fourth
month in April as the world's second-largest energy user kept
more fuel to meet demand at home.
Read more at Bloomberg Energy News
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