Richards Bay February Exports Surge 29 Percent

Platts reported that coal exports for the month of February from Richards Bay surged by 29 percent.

As quoted in the market report:

Monthly exports from the 91 million mt/year terminal had dipped to a 20-month low in January amid low demand and following a higher shipping rate in December when producers tend to catch up on any shortfall in their programs and increase loadings to meet end-of-year targets.

To view the whole Platts report, click here.