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Canadian and Turkish Coal Trade Update
Canadian coking coal exports (excl. cargoes to the US) rose by 0.3 Mt year-on-year in September to 2.5 Mt as higher shipments to Japan and India helped counter reduced trade to South Korea and China, IHS Energy reports. At 20.6 Mt, exports in the first nine months of the year were up by 0.4 Mt on the same period in 2016.
Meanwhile, Turkish steam coal imports (incl. anthracite) fell to a three-month low of 2.9 Mt in September as shipments from Colombia slowed, although imports from all suppliers remained up by 0.4 Mt year-on-year. There was also growth in the country’s coking coal imports, which increased by 0.2 Mt to 0.5 Mt. Turkey imported 27.4 Mt of all coal types in January-September, up by 1.9 Mt, with growth primarily driven by higher shipments from Russia (+1.6 Mt to 10.0 Mt).