South African 2015 thermal coal exports up 1.3% year on year to 75.4 mil mt.
South Africa exported 6.95 million mt of thermal coal in December, implying the total quantity for 2015 was up 1.3% to a record 75.39 million mt, customizeds information revealed Monday.
That was in-line with the Richards Bay Coal Terminal's (RBCT) yearly export quantity of 75.4 million mt, reported mid-January.
The December volume 6.2% below the exact same month in 2014, however up 0.6% from November, the information revealed.
The largest taker of South African thermal coal throughout the year was India at 35.14 million mt, up 15.4% and bookkeeping for 46.6% of the overall quantity.
Throughout December, India got 2.89 mt of thermal coal, up 3% year on the year and dropping 11% month on month.
South Africa exported 10.4 million mt of thermal coal to Europe last year, including 2.64 million mt to the Netherlands and 2.2 million mt to Spain, down 72.7% and 25.2% year on year, respectively.
In December, Europe obtained 788,078 mt of South African material, dropping 57.5% year on year, yet 5.7% greater than the previous month. The Netherlands got no thermal coal in December, while Spain was sent 76,018 mt, down 82% year on year as well as up from no in November.
Turkey took 4.38 million mt in 2014, climbing 22.3% from 2014. During December, it bought 417,846 mt of South African thermal coal, down 35% compared with year previously, yet up 11% on the month.
Exports to Pakistan in 2015 leapt 10.5% to 3.72 million mt, with December quantities up 61% from December 2014 to 256,997 mt, which was down 21% on the month.
South African exported 2.56 million mt of material to Israel during the year, up 2.2% year on year. Israel got 334,376 mt of the thermal coal in December, unmodified on the year and 1% lower than November's volume.
chelating agent United Arab Emirates imports in 2015 dropped 28.8% to 1.62 million mt. Throughout December, 155,000 mt was obtained by the nation, stable on the month, yet 43% lower than a year ago.
The Platts 7-45 day FOB Richards Bay 6,000 kcal/kg NAR area cost was examined at $50/mt on December 31, dropping $13.40, or 21.1%, from the beginning of the year.