Coal Imported to Vietnam in 2019

For the first 6 months of 2019 , imported coal volume increased 99.6% over the same period last year, reaching over 20.64 million tons, turnover also increased by 64.8%, valued at over US $ 1.99 billion.

Tàu đậu cảng Cái Mép vận chuyển than nhập khẩu ra khắp cả nướcThuan Hai imports coal to Cai Mep port

In the opposite direction, Vietnam's coal exports to foreign countries reached 402,236 tons, equivalent to $ 61.85 million, a sharp decrease of 65.2% in volume and 59.8% in turnover over the same period in 2018. Thus, in the first 6 months of this year, coal import surplus is 1.93 billion USD, up by 83% YoY.

Coal prices imported into Vietnam in June 2019 averaged US $ 94.1 / ton, down 4.6% from the previous month and also down 18.4% compared to June 2018. On average for the first 6 months of 2019, coal prices reached 96.5 USD / ton, down 17.4% over the same period last year.

In the first half of July 2019, the country imported more than 2.2 million tons of coal, worth $ 191 million. Accumulated from the beginning of the year to July 15, 2019, the country imported nearly 23 million tons of coal with a total turnover of nearly $ 2.17 billion. Compared to the same period in 2018, the import volume increased by nearly 12 million tons, equivalent to an increase of 108%; turnover increased by 69.5%.

The largest volume of coal imported from Indonesia, reached 7.35 million tons in the first 6 months, worth 461.7 million USD, accounting for 35.6% of the total coal import volume of the country and accounting for 23 , 2% in total turnover, up 31% in volume and 16.5% in turnover over the same period last year. Import prices decreased by 11%, averaging 62.9 USD / ton.

Imports from Australia - the second largest market increased strongly by 191.8% in volume and 104.1% in turnover, reaching over 7.07 million tons, worth $ 796.46 million, accounting for 34, 3% of total volume and 40% of total turnover. Import prices decreased by 30%, reaching an average of 112.6 USD / ton.

Khai thác Than đá ở ÚcCoal Mining in Australia

Import of this commodity group from the Russian market decreased by 15.9% in price, reached an average of 88.5 USD / ton, the import volume increased by 231.8%, reaching 3.68 million tons, the turnover increased by 179%, reaching USD 325.24 million, accounting for 17.8% of the total volume and accounting for 16.3% of the total turnover.

Hoạt động xuất khẩu than đá ở NgaCoal export operations in Russia

Coal imported from the Japanese market also increased strongly by 134.9% in volume and 110.6% in turnover, reaching 21,835 tons, equivalent to 6.82 million USD.

Hoạt động xuất khẩu than đá ở Nhật BảnCoal export activities in Japan

However, coal import from Malaysia dropped sharply 99% in volume and 97.9% in turnover, reaching 1,004 tons, equivalent to $ 0.2 million.

Currently, the demand for coal in the country is increasing , especially for thermal power plants, while the mining output is low, so coal imports continue to increase strongly.

Thuan Hai Joint Stock Company

Address:  Thuan Hai Building, Lot Vb.22a, Street 24, Tan Thuan Export Processing Zone, Tan Thuan Dong Ward, District 7, City. Ho Chi Minh City, Vietnam

Hotline:  (+84) 28 36 226 880

Email:  info@thuanhai.com.vn

Website:  https://thuanhai.com.vn/

>>> Read the article: Coal import, sustainable development direction for Vietnam's coal industry