Coal exports via Gladstone to top 4 destinations drop MoM in August

Exports of coal for all uses from Gladstone port in Queensland, Northeast Australia, to the four major Asian markets stood at 4.84 million tonnes in August, down 6.7% on month, according to the latest data from Gladstone Ports Corporation (GPC).

Japan, India, South Korea and China are typically the four largest overseas destinations for Australian coal cargoes shipped from Gladstone port. In August, shipments to the four markets accounted for over 83% of the total coal exports through the port, Mysteel Global calculated. Shipments to three out of the four