Govt to review steep petrol hike
India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure. Full Article
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Australia Newcastle coal exports jump, queues down
PERTH, Aug 11 (Reuters) - Coal exports at Australia's Newcastle port, the world's largest coal export terminal, jumped to a seven-month high in the latest week, as a backlog of shipments were sent following improved production at the mines.
Exports from the eastern coast port, which ships mostly thermal coal used in power generation, jumped 21.8 percent to 2.13 million tonnes in the week to Aug. 10, the highest since January, port data showed on Tuesday.
Vessel queues eased by six to 31, while the number of days vessels had to wait to load coal fell by four to an average 12.7, thanks to a new export quota system that kicked in last month.
For more details on Newcastle port statistics, click on <NEWC/COAL>.
Vessel queues are expected to be in the low 30's at the end of August, Hunter Valley Coal Chain Logistics Team, which coordinates coal movements from the mine to the port, said on its Web site.
The logistics operator said of the vessels waiting in the queue, only six of them have coal availability issues, compared with 14 a week ago.
SHIPPED FULL MTH EST ARR. WAIT TIME STORE WEEK TO
(mln T) (mln T) (ships) (days) (T)
2.126 7.400 25 12.73 1,043,693 Aug 10
1.745 7.400 20 16.16 1,323,381 Aug 3
1.943 7.700 24 12.35 980,116 July 27
1.948 7.700 23 14.7 1,117,902 July 20
2.053 7.700 25 12.7 1,154,250 July 13
1.857 7.700 24 11.7 1,375,433 July 06
1.695 7.900 20 14.3 1,557,659 June 29
1.518 7.900 18 13.4 1,435,596 June 22
1.796 7.900 21 11.1 1,236,966 June 15
1.903 7.550 21 9.7 1,495,805 June 1
1.585 7.550 18 9.7 1,348,978 May 25
1.530 7.550 19 12.8 1,156,776 May 18
1.405 7.800 17 9.6 1,233,392 May 11
2.010 7.800 23 8.8 1,233,400 May 03
1.705 7.800 19 11.4 1,346,200 Apr 26
1.653 7.800 21 8.8 1,065,532 Apr 20
1.008 7.800 13 9.2 1,012,111 Apr 12
1.198 7.800 14 9.1 632,060 Apr 06
1.455 7.200 14 7.0 671,541 Mar 30
1.853 7.200 21 6.4 1,230,672 Mar 23
1.557 7.200 19 5.4 1,009,355 Mar 16
1.721 7.200 17 4.5 1,159,267 Mar 09
1.678 7.200 19 8.3 974,751 Mar 02
1.822 7.094 21 5.1 1,195,604 Feb 22
1.383 7.094 17 8.7 1,216,866 Feb 16
1.845 7.094 20 5.3 1,032,065 Feb 09
1.333 7.094 16 8.1 1,165,571 Feb 02
1.859 8.400 23 8.0 977,798 Jan 26
1.916 8.400 21 10.3 920,696 Jan 19
1.812 8.100 23 11.2 920,696 Jan 11
2.406 8.400 22 15.9 868,529 Jan 5
2.090 8.100 23 13.22 1,201,169 Dec 22
1.709 7.600 24 14.03 1,064,268 Dec 12
1.662 7.600 19 12.58 1,111,804 Dec 8
1.908 7.600 20 11.69 1,093,895 Dec 1
1.197 7.600 15 9.26 1,076,528 Nov 24
1.634 7.600 20 8.67 850,742 Nov 17
1.973 7.600 22 7.8 786,109 Nov 10 (Reporting by Fayen Wong)
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