Coal Exports from Newcastle Drop for a Second Week

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.