BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR PRIVACY & COOKIE NOTICE
X


UK Nov thermal coal imports drop 49% on-year to 1.2 million mt: customs data

London (Platts)--12 Jan 2016 947 am EST/1447 GMT


The UK imported 1.2 million mt of thermal coal in November, down 49% over year, marking the ninth consecutive month of year-on-year declines, according to customs data.

However, imported volumes were up 3% month on month, posting their highest monthly level since April, when the UK doubled its Carbon Price Support mechanism, reducing coal's competitiveness.

Colombia remained the single-largest source of coal into the UK, importing a total of 515,929 mt in November, falling 33% year on year.

At 115,946 mt, total imports from northwest and eastern Europe were at their highest level since July 2015, the data showed.

Article continues below...


Request a free trial of: Coal Trader International International Coal Report
International Coal Report

Platts Coal Trader International is the only daily publication where you can access Platts proprietary price assessments for coal trading in the Atlantic and Pacific markets, including FOB Newcastle 5,500 NAR; CFR South China 5,500 NAR; and FOB Kalimantan 5,900 GAR.

Every Friday, CTI includes a weekly biomass supplement containing a wood pellet market comment, CIF ARA industrial wood pellet price assessment and pellet generation spreads. Sign up for a free trial below.

Request a trial Request More Information


November imports of Russian thermal coal were 1% higher from October at 363,952mt, although this was 61% lower than the same month in 2014.

The US resumed imports into the UK in November after sending no coal to the UK in October, a 74% year on year drop at 161,137 mt.

The UK received 49,949 mt of South African thermal coal in November, marking the first imports from the country since February.

During the January-November period, the UK has imported a total of 15.9 million mt of thermal coal, a 47% reduction from the same period in 2014.

--Stephanie Wilson, stephanie.wilson@platts.com
--Edited by James Leech, james.leech@platts.com




Copyright © 2018 S&P Global Platts, a division of S&P Global. All rights reserved.