* Total July thermal imports fall 8.4% year on year
* Colombian thermal shipments slip to 16-month low
Receive daily email alerts, subscriber notes & personalize your experience.Register Now
Turkey's imports of bituminous thermal coal dropped to its lowest monthly volume in 11 months to 2.025 million mt, an 8.4% drop year on year and down 6% from June's four-month highs, following a slump in Colombian coal shipments, according to data from the Turkish Statistical Institute (TUIK) published this week.
Total July sales for imported thermal coal were $166.621 million, equivalent to a monthly July average price of $82.26/mt, compared with June's $175.268 million and its average price of $81.01/mt.
Colombian thermal coal shipments to Turkey in July dropped to its lowest monthly levels since March 2014, a 32% loss year on year at 644,446 mt, and also a 44% fall from June's record high of 1.143 million mt.
The monthly average cost of Colombian thermal coal was $69.17/mt, up from June's $68.93/mt.
Russia became Turkey's main supplier of thermal coal for the first time since January, with shipments at 818,036 mt, 13% lower year on year and down 3% month on month.
Average sales were priced at $93.46/mt, down from $98.24/mt during the previous month.
Turkey's South African thermal coal imports jumped 51% year on year to 283,900 mt, a 9% increase on the month, with an average sales price of $68.37/mt, down from June's $73.35/mt.
Mozambique sent thermal coal to Turkey once again in July for the fourth consecutive month, this time at 50,305 mt, slightly down from 54,157 mt during the previous month.
Its average cost also fell for the first time in July to $110/mt, lower from $112/mt during the past three months.
Ukraine also sent its first shipment since January, equivalent to 27,206 mt and at an average cost of $83/mt.
Platts assessed the July monthly average of its CIF Turkey 6,000 kcal/kg NAR 90-day price at $64.20/mt, 20 cents higher month on month.
The weekly CIF Turkey 6,000 kcal/kg NAR price was assessed at $60.75/mt Friday, 75 cents lower week on week.
COKING COAL IMPORTS FALL TO LOWEST SINCE JANUARY 2012
Total coking coal imports in July plummeted to an over three year and a half low of 158,149 mt, down 59% year on year and a 66% month on month fall, TUIK data showed.
Only Australia shipped coking coal to Turkey this month.
Turkey's July anthracite imports were 85,009 mt, relatively steady month on month.