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Colombian thermal coal exports rise 9% in 2016 to record 88 mil mt

London — Colombia exported a record 88.10 million mt of thermal coal in 2016, rising 9% year on year, data from Colombian shipping agent Deep Blue showed late Monday.

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The largest taker of Colombian thermal coal during the year was the Netherlands at 17.26 million mt, although the volume edged 1% lower than in 2015.

Turkey was sent 15.91 million mt in 2016, jumping 38% from the previous year.

Other countries that saw noticeable year-on-year gains in 2016 were Chile at 5.12 million mt, up 16%, as well as India and South Korea at 2.48 million mt and 1.95 million mt respectively. Both India and South Korea received no Colombian thermal coal in 2015.



The destination that saw the most noticeable fall was the UK, where Colombian thermal coal exports dropped 86% on the year to only 598.177 mt.

US-based producer Drummond's Puerto Drummond exported the highest volume in 2016 at 32.10 million mt, which was 16% higher on the year. Following closely was Cerrejon's Puerto Bolivar terminal where shipments for the year totaled 32.07 million mt, down 2.4% on the year.

Prodeco's Puerto Nuevo also saw exports increase 17% in 2016 to 19.53 million mt, while shipments from third-party port Carbosan-Sociedad Portuaria de Santa Marta were at 3.55 million mt for the year, up 3.3%.

Platts FOB Colombia 6,000 kcal/kg NAR thermal coal weekly price gained $46.50 during the year to close at $91.50/mt at the end of December.

--Jacqueline Holman, jacqueline.holman@spglobal.com

--Edited by Maurice Geller, maurice.geller@spglobal.com