United States Coal Export Shipments Fall 2.6% M-o-M in Feb'20
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U.S. coal exports have decreased by 2.57% on a month-on-month basis to 9.60 million metric tons (MnT) in February 2020, as compared to 9.85 MnT in January, as per the latest customs data compiled by CoalMint Research.
Moreover, on a year-on-year basis, the country's coal exports fell by 1.66% than the shipment volume of 9.76 MnT in Feb'19.
Furthermore, on a year-to-date basis, US coal export shipments have totaled 108.83 MnT in the first eleven months of the current fiscal year (Apr'19-Feb'20), down 17.81% against the total exports of 132.41 MnT recorded during the corresponding period of the previous fiscal year (Apr'18-Feb'19).
Grade-wise United States Coal Export:
Commodity | February'20 | January'20 | % Change M-o-M | February'19 | % Change Y-o-Y |
Pet Coke | 33,40,652 | 41,39,980 | -19.3 | 36,45,875 | -8.37 |
Coking Coal | 32,30,198 | 34,70,186 | -6.9 | 32,51,280 | -0.65 |
Non Coking Coal | 26,44,053 | 17,27,926 | 53.0 | 26,02,181 | 1.61 |
Others | 3,14,991 | 4,52,918 | -30.5 | 2,26,300 | 39.19 |
Met Coke | 64,499 | 56,447 | 14.3 | 30,277 | 113.03 |
Anthracite | 2,813 | 2,825 | -0.4 | 3,250 | -13.45 |
TOTAL | 95,97,206 | 98,50,282 | -2.6 | 97,59,163 | -1.66 |
Source: Custom Provisional Data, CoalMint Research | Quantity in MT
Major Coal Importers from United States in Feb'20:
India, Japan, Netherlands, South Korea and Brazil were the top five coal receiving countries from the United States in the month of February 2020.
Indian coal imports from the US attained a 6-months high total of 2.57 MnT during Feb'20, as it increased by 45% M-o-M from 1.77 MnT in Jan'20.
US coal intake by South Korea dropped by 19.2% M-o-M to 0.84 MnT in Feb'20, as compared to 1.04 MnT in the month ago.
Netherlands emerged as the third-largest coal receiver during the month with imports of MnT, despite recording a monthly fall in coal volume taken by the country from 0.91 MnT in Dec'19.
Source: CoalMint Research | Quantity in MnT
The following table provides a more detailed breakup of the importing countries.
Country | Feb'20 | Jan'20 | Change |
India | 2,571,252 | 1,773,381 | 44.99% |
Japan | 904,733 | 577,491 | 56.67% |
Netherlands | 373,941 | 554,647 | -32.58% |
South Korea | 841,563 | 1,041,075 | -19.16% |
Brazil | 674,763 | 829,065 | -18.61% |
Mexico | 538,376 | 472,226 | 14.01% |
Turkey | 469,790 | 403,429 | 16.45% |
China | 326,505 | 411,131 | -20.58% |
Ukraine | 185,434 | 266,311 | -30.37% |
Egypt | 126,750 | 156,092 | -18.80% |
Canada | 100,369 | 328,420 | -69.44% |
Others | 2,483,730 | 3,037,014 | |
TOTAL | 9,597,206 | 9,850,282 | -2.57% |
Source: CoalMint Research | Quantity in MT