DATA: US steam coal exports in May

US steam coal exports (excluding Canada) totalled 2.3m tonnes in May, down 0.5% m-o-m but still were 222.9% higher y-o-y. US shipments were very low at just 710KT in May 2016. Exports to Europe increased to 540KT, up 19.6% m-o-m and up 42.3% y-o-y. This includes shipments to Europe’s top destinations Germany and the Netherlands, which totalled 370KT, down 66.7% m-o-m but still were 15% higher y-o-y. Exports to the MED increased to 130KT. There were no shipments to the MED area in either April and May last year.

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US steam coal shipments nearly trebled on the year to 13.5m tonnes over the first 5 months of the year, up 8.5m tonnes or 170.5% y-o-y. Exports to Europe increased to 5.5m tonnes, up 3m tonnes or 121.2% y-o-y. Exports to Germany and the Netherlands increased to 3.6m tonnes, up 1.4m tonnes or 61.4% y-o-y. Shipments to the MED area increased to 700KT, up 570KT or 433.6% y-o-y.