Coal Market Snapshots

>> Coal stocks at the Chinese ports have recently increased. The following is the status:

Quantity in MnT
PORT 12Jan’18 5Jan’18 Change(%) Pile Capacity
Qinhuangdao 6.95 6.37 9.1 10
Guangzhou 2.1678 2.005 8.1 3
Jinzhou 0.3215 0.3215 0 1.5
SDIC Jingtang 1.058 1.18 -10.3 8
Caofeidian 2.032 1.877 8.3 8
Huanghua 2.19 2.07 5.8 4.5
TOTAL 14.7193 13.8235 6.5 NA

Source: CoalMint Research

>>Vessel queue at the RBCT of South Africa has increased, totaling 22 coal vessels, up from 17 vessels in the last week.  The port congestion is being caused by bad weather, hindering port operations.

>> In 2017, coal production in Russia was at 408 MnT, surpassing the 2016 production by 6.25%. Out of the production, 186 MnT was exported. The export volume also recorded at rise of 12.66%.


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