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Australian Coal Exports Decline in April amid Slack Demand

Australia's coal exports have diminished by 5.87% on a month-on-month basis to 30.38 million metric tons (MnT) in April, as compared to 32.27 MnT in March, as per the latest vessel lineup data compiled by CoalMint Research.

Nevertheless, it is worth noting that the month of April traditionally witnesses weak demand for seaborne coal – as it comes between the winter and summer power demand peaks.

However, on a year-on-year basis, the country’s coal exports grew marginally by about 3% than the export volume of 29.48 MnT in Apr’18.

Source: Steel mint

May 11, 2019 13:26
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