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New data for #coal exports by @ArgusMedia shows grim outlook for thermal coal in 2020, with #COVID19 causing declines in global coal exports of 2.7mn t in March and 3mn t in April, while prices have slumped to historical lows
Unroll for forecasts for biggest coal exporters
Unroll for forecasts for biggest coal exporters
Indonesian 
exports declined nearly 3mn t in the first quarter and will probably be hit hard in the rest of the year by lower power-sector demand in India 
squeezing further coal producers’ profit margins
exports declined nearly 3mn t in the first quarter and will probably be hit hard in the rest of the year by lower power-sector demand in India squeezing further coal producers’ profit margins
Australian 
coal was in loss-making territory at many mines in May following the price slump and a threatened import ban by major buyer China 
, as relations deteriorate between the two
coal was in loss-making territory at many mines in May following the price slump and a threatened import ban by major buyer China , as relations deteriorate between the two
South African 
exports have fallen sharply because of the plunge in coal demand in India forcing ZAF to
diversify and expand sales into other markets, but at the expense of lower prices
exports have fallen sharply because of the plunge in coal demand in India forcing ZAF todiversify and expand sales into other markets, but at the expense of lower prices
Russian 
export volumes were hit hardest in the first quarter, due to low demand in South Korea 
and the EU 
. For the rest of the year, the potential stricter restrictions on Chinese imports is a downside risk
export volumes were hit hardest in the first quarter, due to low demand in South Korea and the EU . For the rest of the year, the potential stricter restrictions on Chinese imports is a downside risk
The pandemic has exacerbated the decline in Colombian 
exports by the collapse in the Atlantic market. Margins for many producers are likely to be negative
at current prices, creating a potential headwind to supply
for the rest of the year
exports by the collapse in the Atlantic market. Margins for many producers are likely to be negativeat current prices, creating a potential headwind to supply
for the rest of the year
US 
exports have been in steady decline for more than a year and will continue falling due to demand reductions and restrictions in the EU and India
exports have been in steady decline for more than a year and will continue falling due to demand reductions and restrictions in the EU and India
