Ridley Terminals Coal Exports Jump 184% on Month, B.C.
Ridley Terminals in Prince Rupert, BC exported 772,986 mt of thermal and metallurgical coal in December, up 184 percent from the previous month, Prince Rupert Port Authority data showed Monday.
The month on month jump was the highest since a 213 percent increase in March.
From the year-ago month, coal exports increased 6.2 percent.
In 2019, coal exports through the terminal totaled 8.6 million mt, up 10.7 percent from 2018 exports, and the most annual exports since 2013.
Thermal coal exports in December totaled 327,561 mt, a 207 percent jump month on month and the largest increase from the previous month since November 2016. From the year-ago month, thermal coal exports rose 29 percent.
In 2019, Ridley exported over 3.1 million mt of thermal coal, up 45.8 percent from 2018 exports, and the most annual exports since 2012.
December met coal exports totaled 445,425, up 168.2 percent from the month before and the largest month on month increase since November 2012. From the year-ago month, exports dropped 6.1 percent.
Ridley exported about 5.5 million mt of met coal in 2019, down 2.7 percent from 2018 levels.
Petcoke December exports were at 29,557 mt, the lowest monthly exports since May 2018. Month on month, exports dropped 74.6 percent, the largest drop from the prior month since February 2018.
Year on year, petcoke exports were down 84.4 percent, the largest drop since May 2018.
However, petcoke exports in 2019 totaled about 1.5 million mt, up 9 percent year on year and the highest since 2017.
Source: S&P Global
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