Tony’s Tractors

Tractors, Farm Machinery and Agribusiness

abare.gov.au

Filed under: News — Australian Government Media Releases [Agriculture, Fisheries and Forestry Portfolio] at 10:00 am on Thursday, December 10, 2009

Export earnings for coal and iron ore were lower during the September quarter, reflecting the full effect of lower contract prices and the appreciation of the Australian dollar. Commodities recording significant increases in export earnings in the September quarter include: liquefied petroleum gas (LPG), up $94 million (47 per cent) to $292 million nickel, up $199 million (31 per cent) to $833 million crude oil and condensate, up $388 million (23 per cent) to $2.1 billion and liquefied natural gas (LNG), up $133 million (8 per cent) to $1.7 billion. However, this was offset by commodities which recorded declines in export earnings in the September quarter including: diamonds, down $17 million (22 per cent) to $59 million gold, down $414 million (13 per cent) to $2.7 billion metallurgical coal, down $684 million (11 per cent) to $5.5 billion and thermal coal, down $296 million (9 per cent) to $3.2 billion.

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