SYDNEY: Coal exports from the Port Kembla Coal Terminal in Australia slumped 21% month on month in November to 463,172 mt, data from the terminal operator showed Thursday. Monthly throughput from the terminal has steadily fallen for the past few months. The total for November was 37% lower than the fiscal year-to-date (July-November) monthly average of 738,901 mt, the data showed.
Over July-November, the terminal exported 3.69 million mt of coal, which translates to an annualized rate of 8.81 million mt/year. The annualized rate has steadily dropped from 10.33 million mt/year in September.
