Polish Coal Exports Seen Down 50% on Year in 2011: State Coal Exporter

Platts reported that lower coal production means Poland’s coal exports for 2011 are likely to be 50% lower than last year.

As quoted in the market news:

[State-owned exporter Weglokoks] said it expects to export a maximum 4.5 million mt of hard coal this year, down from 8.7 million mt in 2010. Steam coal will account for about 3.8 million mt of this year’s exports and coking coal the remainder.

Click here to read the full Platts report.