Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, rose 2.3 percent in the week ended today. 


Iron Ore-Spot Prices Rise, Traders Remain Wary

Dec 23, 2011 -- Power-station coal prices at Australia&rsquo;s Newcastle port, an Asian benchmark, rose 2.3 percent in the week ended today.
Coal prices at the New South Wales port increased to $112.85 a metric ton from $110.28 the previous week, according to the globalCOAL NEWC Index.
Xstrata Plc (XTA), the world&rsquo;s largest exporter of power-station coal, BHP Billiton Ltd. (BHP) and Rio Tinto Group (RIO) are among mining companies that ship coal through Newcastle. 
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