About 286 wagons (four trains) were transferred daily through the Chop – Čierna nad Tisou border crossing in the period from March 1 to March 16. Approximately 4,000 wagons were waiting to be handled at the Chop station as of March 16.
The Freeport of Ventspils handled about 826,000 t of cargo in February 2023 (down overwhelming 751,000 t from January 2023). Note that the February 2023 cargo turnover appeared to be the lowest since October 2021.
Quotes for imported thermal coal keep sliding down in West Europe, suffering pressure from favorable weather in regional countries, high stocks in ARA ports and the ongoing decline in gas prices (which are at the lowest levels over the past 1.5 years).
Coal prices continue to decline rapidly in Western Europe due to insufficient consumer demand. Winters are warm in the region, so pace of trade is moderate, with no spot deals reported.
The Freeport of Riga ended December 2022 with a record handling volume of cargoes compared to the previous two years.
Stevedoring companies of the Ventspils Freeport processed almost 1.3 million tonnes of various cargo in November. Note that the overall handling volume was 255,000 t higher in October.
Thermal coal prices have been actively declining this week. In Europe, pace of trade is minimal, with sporadic deals reported.
The Freeport of Riga processed almost 2.2 million tonnes of cargo in November, that is 412,000 t above the volume recorded in October.
The cargo turnover decreased by 49,000 t to 641,000 t in Liepaja SEZ in November compared with October.
Coal import quotes have inched up in ARA ports, but European consumers do not hurry to book additional volumes. At the same time, LNG supplies to Germany begin within the policy of diversification of fuel purchases. In Turkey, prices for Colombian coal hold steady, while quotes from Russian suppliers have even sagged this…… Read more »