• Clueless leaders

    Zim's leaders are clueless about managing the economy or leading the nation, says Malcom Sharara.

  • Govt is out of touch

    Journalists seems to know more than those paid to govern us, says Mandi Smallhorne.

  • Terry Bell's Inside Labour

    Private firms can't be blamed for picking up anything lucrative on offer, says Terry Bell.

All data is delayed
Loading...
See More

SA coal exports rise, China's share up

Jan 06 2012 16:49
Reuters
London - South Africa's coal exports for calendar year 2011 rose by 1.9% or 1.2 million tonnes to 64.6 million tonnes from the previous year, but the most notable change was the fourth-quarter surge in the amounts going to China, exporters said.

China took just over 13 million tonnes from South Africa last year, most of it in the fourth quarter as Chinese utilities filled stockpiles to capacity before the New Year holidays.

Although India remains the biggest single market for South African coal, accounting for 16.1 million tonnes in 2011, China has risen rapidly to the No. 2 spot.

In 2010 and 2009, Chinese buying of South African cargoes was rare and often at heavily discounted prices, because Australian or Indonesian coal costs less to ship due to its proximity.

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Labour’s call for a cap on salary of high earners is?

Previous results · Suggest a vote

Loading...