China's coal imports from Newcastle terminals surge in Mar...

China's coal imports from Newcastle terminals surge in Mar

2017-04-10 08:35:00 Import & Export, Ports, International  sxcoal.com
Australian coal exports from the Port Waratah Coal Services (PWCS) terminals (Carrington and Kooragang) at Newcastle to China increased 31.98% from February and up 21.84% from a year ago to 1.14 million tonnes in March, PWCS said in the latest performance report.

The coal terminals exported a total 9.34 million tonnes of coal in March, increasing 22.24% from February but down 0.46% from a year earlier.

Of the total shipments in March, 84% or 7.84 million tonnes were thermal coal, up 23.7% month on month but down 1.63% year on year; 16% or 1.49 million tonnes were coking coal, up 15.05% on the month and 6.17% on the year, PWCS said.


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Of this, 4.87 million tonnes of coal were shipped to Japan, rising 12.53% from February and up 16.24 from a year ago.

Exports to Taiwan surged 97.04% month on month but slid 2.09% year on year to 1.24 million tonnes in March, data showed.

South Korea received 981,400 tonnes of coal in March, gaining 14.9% from the month before but down 21.58% year on year.

Over January-March, PWCS exported a total 25.88 million tonnes of coal, down 2.46% from the previous year, the operator said.

By end-March, the PWCS terminals had 9 vessels waiting to load coal, four less than the start of the month.

Coal stockpiles at these two terminals stood at 1.94 million tonnes at the end of March, up 67.2% from February, of which 1.69 million tonnes were at Kooragang and 257,500 tonnes were at Carrington.

(Writing by Tammy Yang Editing by Harry Huo)
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