Coal shipments from Australia's Gladstone port increased 23.4% from a year earlier to 6.31 million tonnes in December 2023, which also rose 10.1% from a month ago, marking a four-month winning streak, showed data from the Gladstone Ports Corporation.

Gladstone shipped 1.81 million tonnes of coal to South Korea in the month, up 26.4% year on year and 61.2% month on month, while Japan received 1.74 million tonnes of coal from the port, down 6.9% from the corresponding period last year but rising 30.8% on the month.

Coal exports to India were 1.14 million tonnes in December, up 17.7% on the year and 0.3% on the month, data showed.

Around 70% of Gladstone coal exports are metallurgical coal, used for steelmaking, and the rest 30% are thermal coal for power generation.

The total exports were 63.74 million tonnes during January-December, up 3.0% from a year ago, the data showed.

(Writing by Riley Liang  Editing by Emma Yang)
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