China becomes South Africa's largest coal market

摘要

China usurped India as South Africa's largest coal export market last month, although railing difficulties cut overall shipments from Richards Bay. Richards Bay Coal Terminal (RBCT) exported 4.6mn t last month, the lowest February figure since 2014. Shipments recovered from the 2.7mn t record low in January but were still down by 13pc year on year. Rail operator Transnet Freight Rail (TFR) is working to improve rail supply to the export terminal following weeks of disruption, but railings to RBCT still averaged just 1.3mn t/ week in February, down by around 200,000 t/week from last February.