US Hampton Roads coal exports fall 26.8% on month in August

摘要

Houston—Coal exports out of the terminals in the Hampton Roads region in Virginia were at 1.68 million st in August, down 26.8% from July and also 42.8% lower than the year-ago month, according to data from the Virginia Maritime Association released Sept. 23. The latest month was the second-lowest total in the last four years, only higher than 1.55 million st exported in June, while it was also the lowest for the corresponding month in over 12 years. Exports decreased in August along with global seaborne thermal prices and domestic metallurgical prices. CIF ARA 6,000 kcal/kg coal averaged $48.65/mt in August, down from 49.85/mt in July and $52.79/mt averaged in the year-ago month.