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Ridley Terminals' December 2019 coal exports jump 184% on month

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Ridley Terminals' December 2019 coal exports jump 184% on month

Ridley Terminals Inc. in Prince Rupert, British Columbia, exported 772,986 tonnes of thermal and metallurgical coal in December 2019, up 184% from the previous month, Prince Rupert Port Authority data showed Jan. 13.

The month-on-month jump was the highest since a 213% increase in March of the same year. From the year-ago month, coal exports increased 6.2%.

In 2019, coal exports through the terminal totaled 8.6 million tonnes, up 10.7% from 2018 exports, and the most annual exports since 2013.

Thermal coal exports in December totaled 327,561 tonnes, a 207% jump month on month and the largest increase from the previous month since November 2016. From the year-ago month, thermal coal exports rose 29%.

In 2019, Ridley exported over 3.1 million tonnes of thermal coal, up 45.8% from 2018 exports, and the most annual exports since 2012.

December met coal exports totaled 445,425 tonnes, up 168.2% from the month before and the largest month-on-month increase since November 2012. From the year-ago month, exports dropped 6.1%.

Ridley exported about 5.5 million tonnes of met coal in 2019, down 2.7% from 2018 levels.

Petcoke December exports were at 29,557 tonnes, the lowest monthly exports since May 2018. Month on month, exports dropped 74.6%, the largest drop from the prior month since February 2018. Year on year, petcoke exports were down 84.4%, the largest drop since May 2018.

However, petcoke exports in 2019 totaled about 1.5 million tonnes, up 9% year on year and the highest since 2017.

Olivia Kalb is a reporter with S&P Global Platts. S&P Global Market Intelligence and S&P Global Platts are owned by S&P Global Inc.