South Africa's coal exports rise 10% YoY in March, more than half to India

South Africa's coal exports rose 9.8% year on year in March to 7.19 million tonnes, approaching the historical high of 7.21 million tonnes recorded in April 2023, according to data from the South African Revenue Service (SARS). The volume also marked a sharp 14.5% increase from February's 6.28 million tonnes, indicating a strong rebound in export activity.

In value terms, exports reached Rand 9.9 billion ($600.7 million), up 9.8% on year and 25.6% on month. Based on volume and value, the average export price stood at Rand 1,375.9/t, broadly unchanged from the year-ago level but up 9.7% from February, according to Mysteel Global calculations. The growth in