Colombian April thermal coal exports increase 20% on year to 6.79 mil mt.Colombia exported 6.79 million mt of thermal coal in April, climbing up 20% year on year and likewise up 20% from March's 11-month reduced as deliveries raised to Turkey as well as India, data from Colombian shipping representative Deep Blue revealed Tuesday.
During the initial 4 months of 2016, thermal coal exports raised 2% on the year to 27.05 million mt.
The leading location in April was India, which took 1.33 million mt of Colombian thermal coal, making up 20% of total exports. This was just the 2nd month that any type of Colombian coal was sent out to India with the volume more than increasing from March's 651,708 mt.
amino trimethylene phosphonic acid atmp were split between 985,050 mt from Drummond in six deliveries as well as 348,978 mt from Prodeco in 2 vessels.
Given that the arbitrage for Colombian coal to India opened up previously this year, 12 Capesize vessels consisting of a mixed 1.99 million mt have been exported to the country.
The second largest location in April was Turkey, close behind at 1.31 million mt. The quantity was greater than double the 642,620 mt delivered a year ago and also virtually 4 times the 330,429 mt sent in March, which had actually been the most affordable quantity because Platts record began at the beginning of 2014.
Thermal coal exports to Europe remained to diminish in April, with shipments to the Netherlands falling 64% on the year to 639,821 mt, which was also down 21% from the previous month as well as at the lowest regular monthly quantity since February 2014.
Exports to Spain likewise fell 47% on the year to 214,548 mt, yet recuperated 29% from March's 14-month low, while no product was shipped to the UK for the 4th straight month.
PUERTO BOLIVAR SHIPMENTS FALL ON-YEAR.
Throughout April, thermal coal deliveries from the nation's largest miner Cerrejon's Puerto Bolivar terminal dropped 7% year on year to 2.52 million mt, although the volume was 16% greater than March.
Puerto Drummond exports leapt 27% on the year in April to 2.5 million mt, additionally up 14% on the previous month.
Puerto Nuevo, had by Glencore unit Prodeco, delivered 1.37 million mt, raising 95% from April 2015 and gaining 35% on the month.
Shipments from third-party port Carbosan-Sociedad Portuaria de Santa Marta increased 34% on-year to 319,648 mt, additionally up 25% on the month.
The monthly April average for Platts FOB Colombia 6,000 kcal/kg NAR thermal coal cost was .12/ mt, contrasted to .84/ mt in March.
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