Aust. coal exports from Newcastle port jump 27% MoM in October

Exports of coal for all uses shipped from the Port of Newcastle in southeastern Australia's New South Wales reached 14.27 million tonnes in October, up 27% from September, according to the latest data from the port authority. On a yearly basis, the October volume was higher by 5.3%.

This notable on-month jump partly reflected the low comparison basis in September, when coal exports from the port hit a seven-month low at 11.28 million tonnes, according to the data. Between September 22 and September 25, Australian railway operator Australian Rail Track Corporation Ltd. (ARTC) had conducted maintenance work along