Australia's coal exports have diminished by 5.87% on a
month-on-month basis to 30.38 million metric tons (MnT) in April, as compared
to 32.27 MnT in March, as per the latest vessel lineup data compiled by
CoalMint Research.
Nevertheless, it is worth noting that the month of
April traditionally witnesses weak demand for seaborne coal – as it comes
between the winter and summer power demand peaks.
However, on a year-on-year basis, the country’s coal
exports grew marginally by about 3% than the export volume of 29.48 MnT in
Apr’18.
Source: Steel mint