It is reported that China’s coke export volume shrank further in July 2007. China Customs statistics showed that Chinese coke exports in July 2007 was 976,900 tonnes down 325,800 tonnes or 25% MoM yet up by 33,300 tonnes of 4% YoY.
However, exports in January to June 2007 amounted to 9.023 million tonnes up by 1.507 million tonnes or 20.1% over that in 2006.
The export was made to 41 destinations and the details are as under
| Sl | Country | Jul'07 | Jan-Jul'07 |
| Total | 976900 | 9023266 | |
| 1 | Japan | 233519 | 2023541 |
| 2 | Brazil | 155523 | 1456041 |
| 3 | US | 74832 | 955878 |
| 4 | Belgium | 96616 | 890410 |
| 5 | India | 139706 | 696096 |
| 6 | UK | 95669 | 382786 |
| 7 | Turkey | 43661 | 334255 |
| 8 | Pakistan | 43774 | 319436 |
| 9 | Iran | 6396 | 312895 |
| 10 | France | 255 | 263002 |
| 11 | South Africa | 2625 | 259618 |
| 12 | Holland | 9128 | 258253 |
| 13 | Taiwan Region | 7606 | 210397 |
| 14 | Kazakhstan | 31569 | 171157 |
| 15 | Germany | 6510 | 91461 |
| Others | 29512 | 398040 | |
In tonnes
Due to the effect of additional export duty, supported by the robust domestic demand, Chinese coke price surged in July 2007. As a result, resources were mainly consumed in home market, owing to rising ocean freight rate and tight vessel supply. Export price stays firm at USD 250 per tonnes to USD 260 per tonnes FOB.
(Sourced from MySteel.net)
