Australian port rise export 90% to South Korea, China

Australian port rise export 90% to South Korea, China

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Australia’s Port Waratah Coal Services terminals increased their shipments of thermal and coking coal exports to China and South Korea in January, but exports to Japan fell in the same month, the company said.

The PWCS terminals at Newcastle port in eastern Australia dispatched 9.92 million mt of coal exports in January, of which 8.93 million mt, or 90%, was thermal coal.

The remaining 10%, or 992,000 mt, was metallurgical coal, said PWCS in an operating report.

Japan was the largest customer for coal exports from the two PWCS terminals last month at 4.2 million mt, which was in line with its offtake for January 2014, but 19.5% lower than exports of 5.22 million mt in December, said the Newcastle terminals operator.

Source:http://customstoday.com.pk/australian-port-rise-export-90-to-s-korea-china/

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