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United States Coal Export Shipments Fall 2.6% M-o-M in Feb'20

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Coking
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11 Apr 2020, 19:00 IST
United States Coal Export Shipments Fall 2.6% M-o-M in Feb'20

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

11 Apr 2020, 19:00 IST

 

 

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