Vietnam: Coal export posts surge

• May 04, 2017

The country’s total coal export volume in the year’s first four months posted a seven times surge compared with the same period last year to reach 504,663 tonnes.

The General Department of Customs said Vietnam earned US$79.4 million from coal exports in the January-April period or a 13 times increase in comparison with the corresponding period last year.

Average coal export price in the four months also increased to $157 per tonne, much higher than the $79 per tonne in the first four months of 2016.

Notably, Vietnam’s coal export markets have witnessed changes, with China no longer the country’s largest importer.

The department said Vietnam’s main coal importers in the period were Japan, Indonesia, Taiwan, Malaysia and South Korea. — VNS

Source: http://vietnamnews.vn/economy/375779/coal-export-posts-surge.html#ROBhoVVhpIkOhjuR.99