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Home Coal Prices

Colombian coal exports

Editor by Editor
4 years ago
Reading Time: 1 min read
Colombian coal exports
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Colombia has been a major coal exporter globally with total quantity reaching 103mmt in 2017, predominantly thermal, placing the country in 4th place behind Australia, Indonesia and South Africa.

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However, over the past 4 years, there has been a dramatic drop in coal exports due to a sharp drop in coal prices, combined with strikes and a dispute between Glencore, one of the three major miners.

The monthly totals to date in 2021 indicate that annualised exports will be below 60mmt, which is less than 58% of the country’s peak exports.

However, our real-time data show a recent uptick in exports with strong weekly shipments of close to 1.4mmt, with an increase seen in the Puerto Bolivar / Cerrejón volumes.

DBX supplies data that capture trends and insights ahead of traditionally available information, such as this possible supply response to the recent surge in coal prices.

Source: DBX Commodities

Tags: CerrejonColombian coal exportsDBX Commoditiesdry bulkPuerto Bolivar
Editor

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