US coal exports total 88 million tons in 2017
Platts reported that US coal exports totaled 88 million tons in 2017, up 60.9% from the prior year. US Census data showed that it was the highest annual total since 2014 when exports hit 88.3 million tons, and backed largely by strong seaborne coal prices into Europe and Asia.
During the year, the Platts CIF ARA assessment for delivered thermal coal into Northern Europe (basis 6,000 kcal/kg NAR), averaged USD 84.77 per tons, the highest since 2012 when CIF ARA prices averaged USD 91.80 per tons
The Platts NEAT index for delivered thermal coal into Kinuura, Japan, which launched January 3, 2017, averaged USD 89.32 per tons during the year.
Also in 2017, the Platts assessment for FOB US East Coast low vol metallurgical coal averaged USD 173.95 per tons, up 39% from 2016.
The data showed that for the month of December, coal exports totaled 8.61 million tons, down 0.6% from November but up 19.8% from the year-ago month.
Metallurgical coal exports totaled 50.1 million tons in 2017, up 35% from 2016.
Top met coal export destinations in 2017 were Brazil, at 6.6 million tons compared with 6.2 million tons a year earlier; Japan, at 4.5 million tons compared with 3.6 million tons in 2016; and Ukraine, at 3.9 million tons compared with 1.8 million tons in 2016.
Bituminous coal exports in 2017 totaled 29.7 million tons, up 108% from the year before.
Top bituminous coal export destinations during the year were India, at 6.8 million tons compared with 2.4 million tons the prior year; the Netherlands at 5.3 million tons, down from 5.5 million tons in 2016; and Japan at 2.3 million tons, up from 429,771 tons the prior year.
By port, bituminous coal exports in 2017 were highest from New Orleans, at 9.4 million tons compared with 4.7 million tons in 2016, while exports from Baltimore totaled 9.2 million tons, up from 4.7 million tons in 2016.
Subbituminous coal exports totaled 7.4 million tons in 2017, up 215% from 2016.
The top importer of US subbituminous coal in the year was South Korea, at 3.7 million tons compared with 423,717 tons in 2016; Mexico, at 2.2 million tons compared with 1.6 million tons and Moroco, at 432,616 tons compared with 61,224 tons in 2016.
During the year, the Platts CIF ARA assessment for delivered thermal coal into Northern Europe (basis 6,000 kcal/kg NAR), averaged USD 84.77 per tons, the highest since 2012 when CIF ARA prices averaged USD 91.80 per tons
The Platts NEAT index for delivered thermal coal into Kinuura, Japan, which launched January 3, 2017, averaged USD 89.32 per tons during the year.
Also in 2017, the Platts assessment for FOB US East Coast low vol metallurgical coal averaged USD 173.95 per tons, up 39% from 2016.
The data showed that for the month of December, coal exports totaled 8.61 million tons, down 0.6% from November but up 19.8% from the year-ago month.
Metallurgical coal exports totaled 50.1 million tons in 2017, up 35% from 2016.
Top met coal export destinations in 2017 were Brazil, at 6.6 million tons compared with 6.2 million tons a year earlier; Japan, at 4.5 million tons compared with 3.6 million tons in 2016; and Ukraine, at 3.9 million tons compared with 1.8 million tons in 2016.
Bituminous coal exports in 2017 totaled 29.7 million tons, up 108% from the year before.
Top bituminous coal export destinations during the year were India, at 6.8 million tons compared with 2.4 million tons the prior year; the Netherlands at 5.3 million tons, down from 5.5 million tons in 2016; and Japan at 2.3 million tons, up from 429,771 tons the prior year.
By port, bituminous coal exports in 2017 were highest from New Orleans, at 9.4 million tons compared with 4.7 million tons in 2016, while exports from Baltimore totaled 9.2 million tons, up from 4.7 million tons in 2016.
Subbituminous coal exports totaled 7.4 million tons in 2017, up 215% from 2016.
The top importer of US subbituminous coal in the year was South Korea, at 3.7 million tons compared with 423,717 tons in 2016; Mexico, at 2.2 million tons compared with 1.6 million tons and Moroco, at 432,616 tons compared with 61,224 tons in 2016.
Posted By : Nanda Koijam on Thu, 08 Feb 2018