S Africa's May thermal coal exports rebound from record low

sxcoal.com Cost & Profit 2020-07-29 09:25:58


South Africa's thermal coal (bituminous coal) exports increased by 65.12% from an over 6-year low in April to 6.57 million tonnes in May, customs data showed, due to increase of domestic coal production and also significant recovery of demand from its buyer of India.


The exports, however, were still 0.67% lower than the year-ago level, data showed.



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India was the top destination, with coal shipment of 1.98 million tonnes in May, down 56.91% from a year ago, but up 110% from the preceding month.


S Africa exported 1.71 million tonnes of thermal coal to Vietnam during the same month, up 10.19% from April and well above 162,800 tonnes in May 2019.


Pakistan took 836,600 tonnes of thermal coal from the country in May, rising 35.83% year on year and 30.78% from last month.


South Africa exported 538,000 tonnes of thermal coal to South Korea in May, which compared to no shipments in the previous month and the year-ago month, data showed.


Its cumulative thermal coal exports from January to May were 28.68 million tonnes, a decrease of 9.5% compared with 31.69 million tonnes in the same period last year.



(Writing by Emma Yang  Editing by Jessie Jia)
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