Port of Vancouver coal exports climb to four-month high in October 2020

Coal exports out of the Port of Vancouver rose to a four-month high at 2.75 million mt in October 2020, up 11.4% from 2.47 million mt in September and 9.5% higher than the 2.51 million mt shipped out in October 2019, data from the Vancouver Fraser Port Authority showed Jan. 6. The port, which include […]

US Hampton Roads coal exports climb to four-month high in November

Coal exports out of the terminals in the Hampton Roads region in Virginia climbed to 2.28 million st in November, up 16.7% from October, but 17.4% below the year-ago month, according to data the Virginia Maritime Association released Jan. 5. The 2.28 million st was the third-lowest total for the corresponding month in the last […]

China Suffers Widespread Blackouts Amid Coal Supply Shortage

Provinces across China are reportedly grappling with crippling power shortages prompted by a surge in power demand from a stunning ramp up in industrial activity, an especially harsh winter, and tight coal supplies, which may be exacerbated by a ban on Australian coal.  Power shortages have been reported in Zhejiang province, an economic powerhouse in […]

Port of Vancouver coal exports climb 7% on month in September

Coal exports out of the Port of Vancouver rose to 2.47 million mt in September, up 7% from 2.3 million mt in August, but 29.5% lower than the 3.49 million mt shipped out in the year-ago month, Vancouver Fraser Port Authority data showed Dec. 2. The port, which includes Westshore Terminals and Neptune Bulk Terminals, […]

US Low-Vol Coal Makes Record Gains Over Australia

US low-volatile coking coal hit a record premium to Australian premium hard coking coal yesterday. Argus assessed the fob Australia price at $98.50/t yesterday, putting the US low-volatile price at a $20/t premium. Australian premium hard coking coal — with a lower sulphur content and higher coke strength after reaction (CSR) — is typically valued higher than […]

US Coking Coal Unfazed by Biden Presidency

US mining firms expect Joe Biden’s presidency to raise some obstacles for the coking coal industry, but there is confidence that infrastructure investment and a different approach to diplomatic relations will foster more favorable market conditions. Job losses and mine closures in the last year or more, linked to a weak market meant that the […]

US Coking Coal Exports Partly Recover in 3Q

US third quarter coking coal exports recovered from the second quarter but fell from a year earlier as global demand made a partial recovery from its lowest points. The US exported 9.24mn t of coking coal in the third quarter, a quarterly increase of 13pc but an annual decrease of 21.4pc. September exports recovered from […]