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    coal investing

    Coal Exports from Newcastle Drop for a Second Week

    Investing News Network
    Mar. 12, 2012 11:43AM PST
    Industrial Metals Investing

    Platts reported that coal exports from Australia’s Newcastle terminal were down for the second week in a row.

    Platts reported that coal exports from Australia’s Newcastle terminal were down for the second week in a row.

    As quoted in the market news:

    Coal shipments from Australia’s Newcastle port declined 5.4% to 2.34 million mt in the seven-day period ended 7 am Sydney time Monday (2000 GMT Sunday), compared with 2.47 million mt shipped in the week ended March 5.

    Click here to read the full Platts report.

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