Taiwan Coal Imports Slip By 8% in Aug'16
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Taiwan's monthly coal import Fall by 8% in Aug'16. Besides, yearly imports recorded a significant decline of 18% as compared to Aug'15.
Taiwan, the world's fifth largest coal importer, has imported 5.4 MnT, coal in Aug'16, recorded the fourth highest imported quantity of the year (Since Jan'16). The country's imports fall by 8% on monthly basis. While, yearly imports fell by 18% which was at 6.6 MnT in Aug'15. As per to Taiwan customs data.
Out of the total imports, the country receives more than 95% bituminous coal from the different origins and rest quantity comprises Anthracite, Coke, Pet coke and other grades.
In the month of Aug'16, out of the total imports, the country has received 5.4 MnT Bituminous coal, 0.02 Pet coke and 0.02 MnT Coke.
Grdae | Aug'16 | Jul'16 | %Change |
Bituminous | 5.36 | 5.62 | -5% |
Anthracite | 0.02 | 0.00 | 3422% |
Coke | 0.02 | 0.01 | 179% |
Pet coke | 0.02 | 0.01 | 100% |
Others | 0.00 | 0.25 | -100% |
Total | 5.41 | 5.89 | -8% |
Source: Taiwan Customs
Quantity in MnT
In the first eight months of 2016 (Jan'16-Aug'16), the coal imports is down by 6% to 43.4 MnT, compared with the same period in 2015.
Major exporting countries in Aug'16
Australia, the largest supplier to Taiwan, shipped about 2.9 MnT coal in Aug'16 with a marginal fall of 2% compared with Jul'16 and down by 1% Y-o-Y.
Moreover, Australia caters more than 45% share of the total yearly coal imports of Taiwan. Again recorded as top supplier and shipped about 21.6 MnT coal over Jan'16-Aug'16.
Indonesia, the second-largest coal exporter to Taiwan, exported 1.5 MnT coal in Aug'16 with a significant drop of 31% M-o-M. While yearly exports has noted a decline of 38% which was 2.4 MnT in Aug'15.
Russia, the third largest coal exporter to Taiwan, shipped around 0.7 MnT coal in during the month, up by 17% M-o-M and recorded a downfall of 19% Y-o-Y.