BOGOTÁ: Colombia exported 5.65 million mt of thermal coal in March, falling 28% year on year and dropping 27% from February’s 11-month high to the lowest monthly volume since April last year, data from Colombian shipping agent Deep Blue showed over the weekend.
The decreases came due to lower shipments to the Netherlands, Turkey and Spain, although there were noticeable exports to India during the month. Thermal coal exports to the Netherlands fell 56% on the year in March to 807,577 million mt, which was also down 69% from the previous month and at the lowest monthly volume since July 2015.
Exports to Spain also fell 71% on the year and 60% on the month to 166,817 mt, a 14-month low, while no material was shipped to the UK for the third straight month.