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Friday, 20 September 13
COLOMBIA SHIPPED 31.14 MILLION TONS OF THERMAL COAL IN H1


COALspot.com : Colombia’s coal exports fell by 20.59 percent in June 2013 compared to Colombia’s May's export of 7,633,579 MT.

Colombia world’s fourth largest coal exporter has shipped 31,147,243 mt of thermal coal in first half of this year at average export prices of US$ 85.65 per MT.

According to the mining regulator of Colombia, Colombia’s thermal coal has achieved its highest average export price in January 2013 (US$ 92.70 / mt) but fell to US$ 82.95 per mt in June 2013. However, the price gained again in July, and average July export price was 1.83 percent higher than June price. 



According to data from mining ministry of Colombia, the thermal coal of Colombia has experienced a lowest average export price in May (US$ 81.75/MT). In In the meantime, Colombia has shipped 7,633,579.18 mt of thermal coal in May 2013 instead of low price.  The May 2013 thermal coal export was the highest in first half of this year. Colombia also shipped 77,189.24 mt of metallurgical coal and 295,374.28 mt of Coke and semi coke in May 2013.

Colombian Metallurgical coal exports in first half of this year have reached to 592,287.46 mt. 1,053,747.21 mt of Coke and semi coke has been exported for the same period. Metallurgical coal’s average export prices in June fell by 4.55 percent compared to May 2013 average export prices.

Colombia’s coal production has jumped 3.75% in 2012 to 89.024million tonnes versus the previous year while exports fell 5.07 percent to 75.61 million tonnes, according to the country’s regulator data. As of June 2013, Colombia has produced 32,873,223 mt of coal, including thermal, metallurgical, coke and semi coking coal.



The main markets for Colombia’s coal are the United States and Europe and now exporters have made shipments to Asia (Korea, China and India) depending on the cost of freight.



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