Gladstone Port's February coal exports to China soar 181% MoM

Exports of all types of coal despatched through Australia's Gladstone port in North Queensland to China totalled 469,116 tonnes in February, according to latest data released by the Gladstone Ports Corporation (GPC), with the total jumping by 181.4% on month. About 70% of the coal shipped through the port is metallurgical coal, Mysteel Global notes.

The volume shipped through Gladstone in February to China represented a marked improvement on the small 166,693 tonnes despatched to China in January but was much smaller than the 1.078 million tonnes delivered through the port in December last year for Chinese buyers, the GPC statistics show. The month-on-month recovery