Australian Non-coking coal exports have reported a decline of 17% M-o-M in Aug’17, according to the vessel line up data compiled by CoalMint Research. The country has exported 12.69 MnT coal in Aug’17 against 15.35 MnT coal in Jul’17.
Out of the total coal quantity exported, Newcastle port handled major coal shipments of about 12.64 MnT, while port Kemble had exported the remaining coal volume in Aug’17.
Australia has so far exported 109.68 MnT Non-coking coal in CY17 (till Aug’17), against the total coal quantity of 234.77 MnT, exported during the same period.
Major Coal Importers:
Japan was the major Non-coking coal exporter during the month, followed by Taiwan, China, South Korea and Thailand.
It may be noted that no change was seen among the top 5 coal importers from the previous month. However, the coal imports from these countries fell 18% M-o-M to 11.07 MnT in Aug’17, compared with 13.53 MnT in Jul’17.
Japanese monthly coal imports remained almost unchanged. The country had imported 6.75 MnT coal in Aug’17 against 6.76 MnT in Jul’17.
Taiwan was the second largest coal importer in Aug’17, the country import fell 41% M-o-M to 1.62 MnT during the month.
China, third-largest coal importer, also witnessed imports falling by 33% M-o-M to 1.17 MnT in Aug’17.
Source: Vessel Line-up data | Quantity in MnT
Glencore’s Hunter Valley coal mines resumes operation:
Operations at the Hunter Valley coal mines have resumed, as coal workers return back to work after 11 weeks of strikes.
Coal supply from Hunter valley coal mine was affected by series of strikes by workers demanding security of employment, the use of casual labor by the company, and redundancy terms for retrenched workers.
The industrial dispute erupted into strikes in early-Jun’17, starting with the Liddell and Mangoola mines, before spreading to the Glendell, Ravensworth and Bulga mining complexes later that month.
The beginning of talks to negotiate workers demand between Glencore and workers’ union will help normal coal supply to resume from the mines.
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