North Queensland coal exports drop 7% MoM in October

Australian coal exports from three major terminals under the management of North Queensland Bulk Ports Corporation (NQBP) reached 10.52 million tonnes in October, down 7.2% on month and 5% on year, according to the latest data from the company.

The on-month decline came as coal throughputs via the three terminals all fell from their September levels, Mysteel Global observed. At the Port of Hay Point, coal exports from the Hay Point Coal Terminal (HPCT) dropped 7.9% on month to 2.9 million tonnes in October, despite a 6.9% rise from