Exports of US thermal coal could rise to 58 million metric tonnes (mt) this year and 60 million mt in 2019 , from 995 million mt in 2017 , amid a global supply shortage and high demand, according to USD . Sales to India have already hit 60 million mt in H1 , compared with 6.8 million mt for the whole of 2017 . Global demand is expected to rise 5% to 6.8 million mt in 2018 with total supply gaining at a slightly slower rate. Global import demand – for seaborne thermal coal, lignite, and some anthracite grades – could grow by nearly 5% on the year to 995m tonnes in 2018, while supply will rise 4% to just 976m tonnes, according to Perret Associate estimates. Declining demand from northern Mediterranean means the US will target Asia and the Mediterranean .
Exports of US thermal coal could rise to 58 million metric tonnes (mt) this year and 60 million mt in 2019 , from 995 million mt in 2017 , amid a global supply shortage and high demand, according to USD . Sales to India have already hit 60 million mt in H1 , compared with 6.8 million mt for the whole of 2017 . Global demand is expected to rise 5% to 6.8 million mt in 2018 with total supply gaining at a slightly slower rate. Declining demand from northern Mediterranean means the US will target Asia and the Mediterranean .