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Tag: Turkey Coal Imports

  • Turkey: Coal Imports Down 15% Q-o-Q in Q1 CY19

    Turkey: Coal Imports Down 15% Q-o-Q in Q1 CY19

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    by

    Abdul Sayeed
    in

    Turkish coal imports have fallen 15% Q-o-Q to 9.87 MnT during the first quarter of CY19 (Jan’19-Mar’19), which was also 7% lower on the year from 10.61 MnT in Q1 CY18. Sharp depreciation of the Turkish lira versus the US dollar, had a significant impact on the country’s appetite for imported dollar-denominated coal. Besides, a…