South African Steam Coal Exports Fall in March

Coal

South African steam coal (plus anthracite) exports dropped to 6.1 Mt in March from 7.3 Mt in the same month of 2019, according to IHS. However, shipments rose from 5.6 Mt in February, a seven-month low.

Just 3.2 Mt of steam coal departed for India (-1.5 Mt year-on-year and -0.4 Mt from February), while exports to Vietnam surged to a likely record high of slightly over 1.0 Mt (from less than 0.1 Mt in March 2019).

Richards Bay Coal Terminal loaded its first India-bound coal shipment in more than two weeks on 1 May, IHS reports.