Coking coal arrivals at Chinese ports dropped 6.3% on a weekly basis to 7.6726 million mt from Apr 27 to May 3

Published: May 6, 2024 15:58
Source: SMM
Coal arrivals at Chinese ports dropped 6.3% MoM on a weekly basis to 7.6726 million mt last week.

1.Arrival data

Last week (Apr 27-May 3)

Arrival by port

Coal arrivals at Chinese ports dropped 6.3% MoM on a weekly basis to 7.6726 million mt last week. Among them, arrivals across the 11 major ports in China were 3.555 million mt, down 4.5% on a weekly basis, and arrivals at Guangzhou Port were 921,400 mt, down 45.3% and accounting for 12% of total arrivals.

Arrival by product category

A total of 5.431 million mt of thermal coal arrived at Chinese ports last week, up 0.2% week-on-week. A total of 2.029 million mt of coking coal arrived at Chinese ports last week, down 19.9% week-on-week.

2.Shipment data

Last week (Apr 27-Mar 3)

Departure by port

Global coal shipments were down by 5.4% week-on-week to 26.2564 million mt last week. Among them, shipments from seven major ports were 10.782 million mt, a decrease of 12% from the previous week, and the total shipments from Newcastle Port in Australia were 2.9408 million mt, a decrease of 17.2% and accounting for 11% of the total shipments.

China steel exports by variety

Global port shipments of thermal coal were 12.792 million mt last week, down 17.2% week-on-week. Global port shipments of coking coke were 12.28 million mt last week, up 14% week-on-week.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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Coking coal arrivals at Chinese ports dropped 6.3% on a weekly basis to 7.6726 million mt from Apr 27 to May 3 - Shanghai Metals Market (SMM)