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Market sources recently said that Poland will increase thermal coal imports in 2018 due to the lack of domestic supply, and Russian materials may prevail due to its freight advantages
.
A Polish trader said, "Russia will be the largest exporter of coal to Poland this year, followed by the United States or Colombia
.
" Russian coal has a significant advantage
in the Polish imported coal market through freight alone.
”
According to cFlow, S&P's global trade flow software, by 2018, 31 coal-laden and partially loaded ships had arrived at the port of Gdansk so far, six from Russia and nine from the United States
.
In addition, Russian producers have railway access to export large quantities of goods
to Poland.
The trader explained that "due to Poland's high dependence on coal-fired power generation, utilities cannot rely on domestic supply alone, and although this is the cheapest option, domestic production is not enough to support the Polish market
.
"
。 ”
According to the Polish consultancy Industrial Development Agency (ARP), imports in 2017 rose 61% year-on-year to 13.
4 million mt, the highest level
since 2011.
Poland's hard coal production in 2017 fell 6.
9% year-on-year to 65.
5 million mt, while sales fell 9.
3% to 66.
3 million mt
, according to ARP.
About 80% of Poland's electricity comes from hard coal and lignite power plants
.
A trader source said: "There may be a lot of imports this year as domestic mines are reducing production
.
”
He also expects most of Poland's imports this year to come from Russia, but said there could be around 2.
5 million tonnes from other imports
, said Colombian coal sources.
Market sources recently said that Poland will increase thermal coal imports in 2018 due to the lack of domestic supply, and Russian materials may prevail due to its freight advantages
.
A Polish trader said, "Russia will be the largest exporter of coal to Poland this year, followed by the United States or Colombia
.
" Russian coal has a significant advantage
in the Polish imported coal market through freight alone.
”
According to cFlow, S&P's global trade flow software, by 2018, 31 coal-laden and partially loaded ships had arrived at the port of Gdansk so far, six from Russia and nine from the United States
.
In addition, Russian producers have railway access to export large quantities of goods
to Poland.
The trader explained that "due to Poland's high dependence on coal-fired power generation, utilities cannot rely on domestic supply alone, and although this is the cheapest option, domestic production is not enough to support the Polish market
.
"
。 ”
According to the Polish consultancy Industrial Development Agency (ARP), imports in 2017 rose 61% year-on-year to 13.
4 million mt, the highest level
since 2011.
Poland's hard coal production in 2017 fell 6.
9% year-on-year to 65.
5 million mt, while sales fell 9.
3% to 66.
3 million mt
, according to ARP.
About 80% of Poland's electricity comes from hard coal and lignite power plants
.
A trader source said: "There may be a lot of imports this year as domestic mines are reducing production
.
”
He also expects most of Poland's imports this year to come from Russia, but said there could be around 2.
5 million tonnes from other imports
, said Colombian coal sources.
