The Wolfson Centre for Bulk Solids Handling Technology Cleveland Cascades LtdTelestackBühler GmbHTMS Awards 2021Vigan
  • Cleveland Cascades Ltd
  • Vigan
  • Port of Stockton
  • Coaltrans Asia 2021
  • Sailors Society
  • Cimbria

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

Collaboration for first carbon neutral copper cathode delivery

(Posted on 13/10/21)

BHP and leading US copper cable and wire manufacturer, Southwire, have completed their first ‘... Read more


Carbon tracking for Trafigura’s nickel and cobalt trading

(Posted on 11/10/21)

Trafigura Pte Ltd, one of the world’s largest physical commodity trading companies, and Circulor... Read more


Rusal and TransContainer develop green logistics

(Posted on 11/10/21)

RUSAL, a leading global aluminium producer and PJSC TransContainer (part of the DELO Group), an intermodal... Read more


Host joins IIMA

(Posted on 04/10/21)

The International Iron Metallica Association has welcomed Host as the latest member to join its community... Read more


First Mill E3 set to revolutionize the milling industry

(Posted on 29/09/21)

Bühler is announcing a transformative moment in the history of flour milling with the opening of... Read more


First Mill E3 set to revolutionize the milling industry

(Posted on 29/09/21)

Bühler is announcing a transformative moment in the history of flour milling with the opening of... Read more


Rio Tinto triples Weipa bauxite mine solar capacity

(Posted on 21/09/21)

Rio Tinto has approved a new solar farm and battery storage at Weipa in Queensland, in a move that will... Read more


Trafigura raises USD400 million US Dollar Bond

(Posted on 21/09/21)

Trafigura Group Pte Ltd, one of the world’s leading independent commodity trading companies, has... Read more


Rio Tinto teams with Caterpillar for zero-emissions autonomous trucks

(Posted on 16/09/21)

Rio Tinto and Caterpillar have signed a Memorandum of Understanding (MoU) for Caterpillar’s development... Read more


German government commits to fund ArcelorMittal Hydrogen DRI plant

(Posted on 13/09/21)

During a visit to ArcelorMittal Germany’s steel plant in Hamburg, Federal Environment Minister... Read more


Port of South LouisianaTBA GroupCimbriaPort of StocktonSailors SocietyCoaltrans Asia 2021
  • The Wolfson Centre for Bulk Solids Handling Technology
  • TMS Awards 2021
  • Van Aalst
  • TBA Group

Subscribe to our newsletter

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