Coal exports from PWCS down 9.4 percent in October from September

Friday, 07 November 2014 16:49:40 (GMT+3)   |   Istanbul
       

Coal exports from the Port Waratah Coal Services (PWCS) terminals based at Port of Newcastle in New South Wales, Australia, totaled nine million mt in October this year, decreasing by 9.4 percent compared to September, according to the company's announcement. 12 percent of the total coal handled at the terminals was coking coal.

In the first ten months of this year, coking coal exports constituted 12 percent of overall coal exports from PWCS, which totaled 92.16 million mt, almost unchanged as compared to the same period last year.

According to the released information, Japan was the largest export destination for coal shipments from PWCS in the first ten months of the year, with shipments to Japan accounting for 44.3 percent of total shipments, while coal exports to China constituted 23.84 percent of the total.

PWCS accounts for one third of Australia's exports of coal, which is the country's second most important export commodity in terms of value.


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