(Bloomberg) -- Australia's Newcastle Port, the
world's largest coal export harbor, resumed normal operations
after ship movements were restricted by a storm yesterday. The
price for power-station coal fell from a record.
The port operated at about 80 percent capacity this morning,
Graham Davidson, general manager of Port Waratah Coal Services,
which operates two coal terminals at Newcastle, said by phone
today. Benchmark coal prices at Newcastle declined to $65.75 a
metric ton today from a record of $66.25 yesterday, according to
globalCOAL, an industry publication.
Read more at Bloomberg Energy News
world's largest coal export harbor, resumed normal operations
after ship movements were restricted by a storm yesterday. The
price for power-station coal fell from a record.
The port operated at about 80 percent capacity this morning,
Graham Davidson, general manager of Port Waratah Coal Services,
which operates two coal terminals at Newcastle, said by phone
today. Benchmark coal prices at Newcastle declined to $65.75 a
metric ton today from a record of $66.25 yesterday, according to
globalCOAL, an industry publication.
Read more at Bloomberg Energy News
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