POWER: Belgium, French Australian Coal Imports Rise, German South African Fall

Australian coal exports to Belgium and France have moved up on the month so far in August, while South African coal exports to Germany have declined, data from Marcura show.

• France imported 248,700t of Australian coal, up from 112,100t in July and 77,000t in June
• In contrast, Belgium imported 75,000t – climbing sharply from 0t in July-June but lower than 79,800t in May.
• German South African coal imports have stood at 57,000t in August, down from 79,400t in July but up from none in June.
• EU coal demand slumped – supported by slow power demand, renewable capacity additions and firm reserves.
• Rotterdam Coal SEP 24 up 0.6% at 117.5 USD/MT