ViganIMPA EventsVan AalstBühler GmbHCoaltrans Asia 2023Sailors Society
  • Coaltrans Asia 2023
  • TOC Europe 2023
  • IMPA Events
  • TMS Awards 2023
  • Telestack
  • 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

U.S. Borax first open pit mine to transition to renewable diesel

(Posted on 05/06/23)

Rio Tinto has successfully completed the full transition of its heavy machinery from fossil diesel to... Read more


Rio Tinto to invest in Pilbara desalination plant

(Posted on 02/06/23)

Rio Tinto plans to invest US$395 million1 in a seawater desalination plant in the Pilbara, Western Australia... Read more


BHP and Microsoft use AI to lift Escondida copper recovery

(Posted on 31/05/23)

A new collaboration between BHP and Microsoft has used artificial intelligence and machine learning... Read more


Alliance to support U.S. farmers in transition to lower-carbon agriculture

(Posted on 23/05/23)

Bunge and Nutrien Ag Solutions, the retail division of Nutrien Ltd. have announced a strategic alliance... Read more


Vale ships its first cargo of briquettes for blast furnace test

(Posted on 17/05/23)

Vale has concluded the shipment of its first cargo of iron ore briquettes to be tested in a blast furnace... Read more


UK agri welcomes government decision to drop retained EU law plans

(Posted on 12/05/23)

The UK Government's decision to abandon plans to review all EU-derived legislation by the end of 2023... Read more


USA’s NGFA supports proposal to remove ‘Soybeans of Other Colors’

(Posted on 08/05/23)

The USA’s National Grain and Feed Association (NGFA) and 42 other agricultural groups have expressed... Read more


BHP completes OZ Minerals acquisition

(Posted on 02/05/23)

BHP has announced the completion of the OZ Minerals acquisition and implementation of the scheme of... Read more


ADM Milling project maps carbon emissions in wheat supply chain

(Posted on 02/05/23)

ADM, global leader in nutrition, and one of the leading flour millers in the UK, has for the first time... Read more


US Soy growers ask House Ag Committee to help protect crop insurance

(Posted on 28/04/23)

Speaking on behalf of the American Soybean Association and his fellow soy growers, ASA President Daryl... Read more


TBA GroupTMS Awards 2023TOC Europe 2023Port of South LouisianaTOC Europe 2023Port of Stockton
  • TOC Europe 2023
  • Port of South Louisiana
  • Vigan
  • Van Aalst

Subscribe to our newsletter

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