Coal exports at the Hampton Roads terminals in the state of Virginia of the US increased for the fourth consecutive month in November, sending the total shipments during January-November above the cumulative volume in 2022.

Terminals in Hampton Roads delivered 3.21 million short tons (2.91 million tonnes) last month, up 24% year on year, according to the Virginia Maritime Association estimates.

Total volume in the first eleven months amounted to 32.2 million short tons, up 9.5% from the preceding year.

This represented a rise of 1.2% or 396,212 short tons compared to the full 12 months of 2022 volume of 31.8 million short tons. Export loadings have surpassed year-ago levels every month this year except for July.

Despite a decline in domestic demand, export shipments have remained strong throughout the year.

However, northern Appalachian coal producers, who primarily operate in the eastern region, are encountering heightened competition from petroleum coke on sales to Indian cement markets. The price of US 6.5%-sulfur petroleum coke was $77/t on December 13, down from $93/t on October 18.

In November, the Dominion Terminal Association (DTA) terminal in Newport News shipped 1.36 million short tons of coal, down 5.2% from October but growing 28% or 294,201 short tons from the year prior.

Coal exports through Lamberts Point terminal, operated by Norfolk Southern, stood at 1.07 million short tons over the month, rising 11% on the month and 12% on the year, and mainly for metallurgical coal.

Coal exports through Pier IX, operated by energy giant Kinder Morgan, were 785,210 short tons, up 38% from a year ago and 58% from October's lowest level in more than a year, and mostly for thermal coal.

(Writing by Riley Liang  Editing by Emma Yang)
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