Asia's appetite for US coal fuels 58% YOY growth in Q1'17 exports

摘要

Coal exports surged 58% in the first quarter of 2017 year over year, according to data from the U.S. Energy Information Administration. Steam coal exports jumped by 6 million tons, while metallurgical coal increased by 2 million tons. "Most of these exports were shipped from Atlantic Coast and Gulf of Mexico ports," the July 18 report said. According to data compiled by S&P Global Market Intelligence, China, South Korea, the U.K., the Netherlands and Japan increased their yearover- year intake of U.S. coal the most by volume in the first quarter.