CimbriaTelestackChina Coaltrans 2020Coaltrans Virtual World Coal Leaders Network 2020TOC EventsPort of South Louisiana
  • Coaltrans Virtual World Coal Leaders Network 2020
  • Sailors Society
  • Cleveland Cascades Ltd
  • TOC Events
  • Port of South Louisiana
  • TBA Group

US Coal exports up

(Posted on 16/04/18)

US coal exports totalled 8.18 million mt in February, up 2.9% from January and up 30.6% from the year-ago month, US Census Bureau data showed.

The slight gain in monthly volumes from January occurred despite a drop in thermal coal volumes, which totalled 3.3 million mt in February, down 12.1% from January but up 17.8% from the year-ago month.

Thermal coal export volumes dropped as the price for S&P Global Platts CIF ARA assessment for delivered thermal coal into Northern Europe (basis 6,000 kcal/kg NAR, loading 15-60 days), averaged $83.96/mt, down from $95.02/mt in the prior month.

Top destinations for thermal coal in February were India at 573,033 mt, up from 236,126 mt in the year-ago month; South Korea at 453,489 mt, up from 307,981 mt in the year-ago month; and Egypt, which took delivery of 331,872 mt in February, up from zero tons in February 2017.

The largest drop in volumes could be seen in the Netherlands, which took delivery of only 226,003 mt during the month, down from 946,415 mt in the year-ago month.

Export growth could be attributed entirely to the rise of metallurgical coal exports, which comprised 59% of total US exports during the month, up from 52% in January.

Met coal exports totaled 4.8 million mt during the month, up 16.6% over the prior month and up 41.2% from the year-ago month.

FOB US East Coast low vol metallurgical coal (loading 14-45 days) averaged $196.08/mt, up from $194.14/mt in January. By port, thermal coal exports in February were highest from New Orleans at 1.2 million mt, compared with 812,657 mt last year, while exports from Baltimore totaled 538,877 mt, down from 778,246 mt in February 2017.

Met coal exports were highest from the port of Norfolk, which shipped 2.8 million mt in February, up from 1.9 million mt in the year-ago month, while exports from Baltimore totaled 1 million mt, up from 833,194 mt in February 2017.

 

Latest News

Rio Tinto learns to live with Covid-19

(Posted on 18/10/20)

Rio Tinto has released its third quarter production results.Chief Executive J-S Jacques said “... Read more


WCA supports IEA call for inclusivity

(Posted on 16/10/20)

Michelle Manook, Chief Executive, World Coal Association (WCA) has issued a statement on the World Energy... Read more


New Argentine frac sand plant selects Superior

(Posted on 12/10/20)

Superior Industries, Inc., a global manufacturer and supplier of bulk material processing and handling... Read more


Rusal smelter to switch to eco-friendly pitch

(Posted on 12/10/20)

As part of its environmental modernization program, by 2024 RUSAL, a leading global aluminium producer... Read more


Latest grain movement record for CN

(Posted on 07/10/20)

As the North American economy continues its recovery, CN is pleased to announce that its people moved... Read more


FLSmidth to acquire KnowledgeScape

(Posted on 07/10/20)

FLSmidth has confirmed the signing of a definitive agreement for the acquisition of KnowledgeScape,... Read more


BHP Australian apprenticeship pledge

(Posted on 02/10/20)

BHP CEO Mike Henry has announced BHP’s commitment to training and funding for 3,500 new Australian... Read more


U.S. agriculture urges Trump to remain in WTO

(Posted on 28/09/20)

The National Grain and Feed Association (NGFA) in the USA and 61 other U.S. agriculture stakeholders... Read more


Rusal completes domiciliation process

(Posted on 27/09/20)

RUSAL, a leading global aluminium producer, has announced that it has been registered as a new resident... Read more


WCA welcomes IEA report

(Posted on 21/09/20)

The World Coal Association (WCA) Chief Executive, Michelle Manook has welcomed the IEA Energy Technology... Read more


TBA GroupThe Wolfson Centre for Bulk Solids Handling Technology Port of Vancouver USASailors SocietyTMS Awards 2020Bühler GmbH
  • Cimbria
  • TMS Awards 2020
  • Telestack
  • Port of Stockton

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping