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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

iconMay 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.

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