Taiwanese steam coal imports declined to 4.7Mt in February, down 5.6% y-o-y

Taiwanese steam coal imports decreased to 4.7m tonnes in February, down 6.2% m-o-m and down 5.6% y-o-y. Australian supplies 2.3m tonnes decreased to 22% m-o-m and down 19.2% y-o-y. Indonesian supplies declined to 880KT, down 23.4% m-o-m and down 27.4% y-o-y. Imports from Russia declined to 580KT, down 27.2% m-o-m and down 20% y-o-y. On the other hand, South African supplies increased to the highest level since November 2013, at 470KT, up from 70KT delivered in January and up from 160KT supplied in February 2017. Imports from Canada increased to the highest level since last November at 240KT, up from 90KT supplied in January and up from meagre 20KT supplied in February 2017.

Taiwan imported 9.7m tonnes over the first two month of the year, down 1m tonnes or 9.5% y-o-y. Australian deliveries declined to 5.2m tonnes, down 830KT or 13.9% y-o-y. Indonesian supplies decreased to 2m tonnes, down 620KT or 23.5% y-o-y. On the other hand, Russian deliveries increased to 1.4m tonnes, up 50K or 3.5% y-o-y. Imports of South African material increased to 810KT, up 510KT or 164.4% y-o-y. Imports from Canada increased to 330KT, up 80KT or 31.8% y-o-y.

Source: Customs data