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Monday, 13 March 17
PORT OF NEWCASTLE HAS SHIPPED 11.563 MILLION TONS COAL IN FEBRUARY 2017; DECLINED 12.19 PERCENT M/M
 COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export ports has shipped $AU 1,410.9 Million worth of 11.563 million tons of Power plant coal and coking coal for the month ended February 2017.
According to Port’s monthly report, YTD (2017 calendar year to date), the port has shipped $AU 3.027 billion worth of 24.732 million tons of coal. The average selling price YTD was average $AU 122.39 per MT, rose approximately 41.58 percent from the same period in 2016.
The average selling price for month February 2017 was around $AU 122.01 (approximately US$ 91.97*) per ton, decline approximately 1.15 percent from January 2017 average selling price of $AU 123.43 per ton and rose approximately 40.84 percent compared to February 2016.
Port has shipped 12.19 percent less coal in February 2017 compared to its January 2017 loading of 13.169 million tons. Port has also shipped 9.55% less coal YoY.
$AU 1,410.9 million trade value of coal shipped in February 2017 compared to $AU 1,625.6 million in January 2017, declined 13.23 percent month on month.
According to operation report posted on port’s website, as of 28 February 2017, the port has served 129 (down 12.83% month on month) ocean-going vessels in February 2017.
The port’s report further noted that the Port of Newcastle has shipped coal to Australia, China, India, Japan, Korea, Malaysia, Mexico, New Caledonia and Taiwan in the month of February 2017.
Anglo, Peabody, Rio Tinto and Xstrata are some of the larger coal exporters to ship coal from Newcastle port.
About Port of Newcastle
The Port of Newcastle is the largest bulk shipping port on the east coast of Australia and the world’s leading coal export port. On 30 May 2014, Port of Newcastle Investments (trading as Port of Newcastle) commenced a 98-year lease of the Port of Newcastle with the New South Wales Government.
According to company’s website, the principal trade at the Port of Newcastle is coal. Non-coal commodities traded through the port include grain, steel, project cargo, vegetable oils, fuels, orange juice concentrate and containers destined for local business.
The principal trade at the Port of Newcastle is coal. Utilizing its expertise in coal supply chain logistics, the Port of Newcastle is also one of the most diverse ports in Australia. Source: Port of Newcastle Monthly Trade Report – February 2017 (According to report, the trade values were based on commodity values and prices obtained from sources such as Australian Bureau of Agricultural and Resource)
Source: Port of Newcastle Monthly Trade Report – February 2017 (According to report, the trade values were based on commodity values and prices obtained from sources such as Australian Bureau of Agricultural and Resource)
* as per Australian Dollar to US Dollar exchange rate as on 13 March 2017. Source: http://www.xe.co
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Monday, 03 October 16
THERMAL COAL PRICE SHOOTS UP AND MADE THEIR VERTICAL MOVE IN 5 YEARS; PRICE RALLY CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Monday, 03 October 16
DRY-BULK SHIPPING FREIGHTS SLIDE IN SOFTENING SPOT MARKET
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 30 September 16
OPEC CUT SUPPORTS SLOW OIL RECOVERY, NOT STRONG REBOUND - FITCH
OPEC's oil production target announced this week signals the potential for greater co-ordination among its members, but the target itself is la ...
Thursday, 29 September 16
FREIGHT RATES MIGHT CONTINUE TO SLIDE NEXT WEEK DUE TO HOLIDAYS IN CHINA
Supramax
Flat start to week followed by a slight gain in rates for Supramaxes, says Fearnleys in its latest weekly report.
According to Fear ...
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- Directorate Of Revenue Intelligence - India
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- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
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- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
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- Eastern Coal Council - USA
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- Planning Commission, India
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- Aboitiz Power Corporation - Philippines
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