Wednesday, Nvember 22, Dyle Trading Cnsultants DTC Flash : Octber East Cast and Gulf Cast Exprts DTC Analysis f East Cast & Gulf Cast Exprt Data frm T. Parker Hst Octber DTC Shrt & Sweet: T Parker Hst is reprting that fr Octber, steam exprts have utpaced met exprts fr the first time in. Steam exprts were 3.81 mm tns, up 22.26% seq pd and 190.59% while met exprts f 3.42 mm tns fell 17.11% seq pd but rse 25.92% leading t ttal exprts thrugh the Gulf and East Cast f 7.23 mm tns, dwn 0.16% seq pd but up 79.56%. When lking at trends, steam exprts started gaining grund in June and have been clsing n met each mnth until finally vertaking it this mnth. Seabrne thermal prices cntinue t supprt US exprts despite recent declines: prmpt quarter API 2 averaged $87.73/MT in Octber and sits at $85.60/MT as f tday. Als ntewrthy this mnth, we read n Liga.net that Xcal s price fr thermal exprts t PJSC Centrenerg in Ukraine is ~$100.7/MT (CIF). Xcal has a cntract t ship 700K MT (772K befre the end f, having shipped 60K MT (66K in Sept and 227K MT (250K in Oct. exprts ttal 63.05 mm tns, up 62.79% and are annualizing t 75.70 mm tns, well abve last year s ttal f 49.27 mm tns. We are aware f a few hliday clsures fr the Prt f Hamptn Rads this week: Pier IX will clse Wed at 11 PM ET and repen Fri at 6 AM ET. Lamberts Pint will clse Thurs at 7 AM ET and repen Fri at 7 AM ET (pssibility f clsure n Friday as well). DTA will remain peratinal thrugh the hliday. East & Gulf Cast Met Exprts (mm shrt Hamptn Rads 2.13-10.56% 35.35% 22.78 42.90% Baltimre 0.82-11.98% 1.85% 6.92 14.40% Mbile 0.47-41.44% 42.37% 8.14 63.74% Ttal 3.42-17.11% 25.92% 38.70 40.21% East & Gulf Cast Steam Exprts (mm shrt Hamptn Rads 0.93 18.11% 997.18% 5.67 290.68% Baltimre 1.52 17.16% 113.47% 9.98 81.11% Hustn 0.07-13.61% n/a 0.39 n/a New Orleans 1.29 35.54% 151.94% 8.31 126.26% Ttal 3.81 22.26% 190.59% 24.35 115.06% East & Gulf Cast Ttal Exprts (mm shrt Ttal 7.23-0.16% 79.56% 63.05 62.79% Surce: T. Parker Hst Inc; Data prepared by Dyle Trading Cnsultants
Baltimre: 2.34 mm tns, up 5.03% seq pd and 54.44%. Thrugh Octber, exprts ttal 16.89 mm tns, up 46.20% and annualize t 20.28 mm tns (vs 14.53 mm tns in 2016). CSX s Chesapeake Terminal: 525K tns, dwn 12.60% seq pd but up 0.61%. Octber shippers were Arch, Crsa, Javelin, United, Wilsn Creek and Xcal. exprts ttal 4.86 mm tns, dwn 9.70% and annualizing t 5.83 mm tns (vs 6.73 mm tns in 2016). CNX Terminal: 1.81 mm tns, up 19.01% seq pd and 82.73%. Octber shippers were CONSOL, Javelin and Xcal. exprts ttal 11.87 mm tns, up 92.07% and annualize t 14.25 mm tns (vs 7.80 mm tns in 2016). Hamptn Rads: 3.06 mm tns, dwn 3.45% seq pd but up 84.36%. Thrugh Octber, exprts ttal 28.45 mm tns, up 63.59% and annualize t 34.16 mm tns (vs 21.98 mm tns in 2016). DTA Terminal (jintly wned by Arch and Cntura): 1.25 mm tns, up 6.12% seq pd and 157.79%. Octber shippers were Arch, Cmmnwealth, Cntura, EDF, Javelin and Xcal. exprts ttal 10.15 mm tns, up 66.09% and annualize t 12.19 mm tns (vs 7.52 mm tns in 2016). Nrflk Suthern s Lamberts Pint: 1.30 mm tns, up 6.70% seq pd and 84.97%. Octber shippers were Cntura, EDF, Integrity, Javelin, Rbindale, United and Xcal. exprts ttal 12.28 mm tns, up 56.91% and annualize t 14.74 mm tns (vs 9.41 mm tns in 2016). Kinder Mrgan s Pier IX: 513K tns, dwn 33.86% seq pd but up 8.33%. Octber shippers were EDF, Integrity, Rbindale, Vitl, Xcal. exprts ttal 6.02 mm tns, up 74.32% and annualize t 7.23 mm tns (vs 5.05 mm tns in 2016). Hustn: T Parker Hst reprts exprts fr Deepwater and HBT ut f Hustn. HBT: 66K tns, dwn frm 74K tns seq but up frm n exprts. All tns were steam and bund fr Brazil. Mbile: T Parker Hst reprts exprts fr BMHP, CHIPCO and McDuffie ut f Mbile. McDuffie: 468K tns, dwn frm 773K tns seq abut up frm 328K tns. All tns were met bund fr Cratia, Germany, Italy, Netherlands and Spain. New Orleans: T Parker Hst reprts exprts fr CMT, IMT, Midstream and UBT. CMT: 798 mm tns, up frm 600K tns seq and 325K tns. All tns were steam and bund fr Germany, Netherlands, Spain and United Kingdm. Midstream: 494K tns, up frm 333K tns seq and 140K tns. All tns were steam and bund fr Egypt, Finland, Germany, India, Mrcc and Pakistan. *Nte: Cverage frm here dwn is nly fr Hamptn Rads and Baltimre. Reginal Trends/Steam Cal: 2.45 mm tns, up 17.51% seq pd and 207.14%. exprts f 15.65 mm tns are up 124.83%. Africa: 133K tns, dwn 56.08% seq pd but up frm n tns. All tns were frm EDF. Asia: 820K tns, dwn 12.81% seq pd but up 297.89%. Shippers were CONSOL and Javelin. Eurpe: 1.38 mm tns, up 87.84% seq pd and 173.97%. Shippers were CONSOL, EDF, Javelin, Vitl and Xcal. Middle East: 116K tns, up frm n tns seq r. Shippers were CONSOL and Javelin. Reginal Trends/Met Cal: 2.95 mm tns, dwn 10.95% seq pd but up 24.06%. exprts f 29.70 mm tns are up 35.06%.
Asia: 931K tns, dwn 21.84% seq pd but up 15.19%. Shippers were Arch, Cntura, Wilsn Creek and Xcal. China: 221K tns, up 1.52% seq pd and up frm n tns. India: 81K tns, dwn 68.99% seq pd but up frm n tns. Japan: 485K tns, up 93.18% seq pd but dwn 8.16%. Krea: 144K tns, dwn 68.77% seq pd and 48.58%. Eurpe: 1.57 mm tns, up 1.07% seq pd and 50.68%. Shippers were Arch. Cmmnwealth, Cntura, Integrity, Rbindale, United and Xcal. Nrth America: 55K tns, dwn 55.16% seq pd and flat. Shipper was Cntura. Suth America: 396K tns, up 7.51% seq pd but dwn 16.48%. Shippers were Crsa, Cntura and Xcal. Met/Steam Breakdwn: Octber met exprts fell 10.95% seq pd but rse 24.06% t 2.95 mm tns. Steam cal exprts rse 17.51% seq pd and 207.14% t 2.45 mm tns.
Octber East Cast Exprts frm Majr Exprters: The tables belw detail hw majr exprters fared in Octber. This data nly includes direct exprts fr which the cmpany is the shipper n recrd. A significant prtin f CONSOL s exprts are shipped under Xcal. Other prducers als ship vlumes thrugh traders, which will nt be included under mnthly exprts listed belw. Cmpany (000 net Octber Shipments frm Majr Exprters/Baltimre (mm net Arch 123-63.21% -17.57% 1.698-0.81% CONSOL 550 28.03% 223.21% 3.880 153.86% Ntes All met bund fr Krea and Spain. All steam bund fr Egypt, India and Netherlands. United 20 n/a -49.56% 0.362-19.26% All met bund fr Ukraine. Xcal 939 45.93% 41.44% 5.103 40.84% Other 708-13.77% 61.57% 5.852 94.12% Ttal 2,339 5.03% 54.44% 16.895 46.20% Cmpany Octber Shipments frm Majr Exprters/Hamptn Rads (000 net (mm net Arch 97 7.19% -16.97% 1.384 9.18% Cntura 777 7.98% 79.10% 6.581 327.91% 607K tns f met bund fr Brazil, China, Japan and Ukraine. 330K tns f steam bund fr Pland and Ukraine. Other cnsisted f Crsa, Javelin and Wilsn Creek. 65K tns f met bund fr Argentina and Krea. 643K tns f steam bund fr Egypt, India, Netherlands and Pland. 816K tns f met vs 1.52 mm tns f steam in Oct. Ntes All met bund fr Pland and Rmania. All met bund fr Brazil, Cratia, France, India, Krea, Mexic, Pland, Spain and Sweden. United 314 143.47% 222.58% 1.722 166.28% All met bund fr Ukraine. Xcal 514-27.97% -31.12% 6.529 15.98% Other 1,358-10.48% 436.25% 12.026 201.31% Ttal 3,061-3.45% 84.36% 28.45 63.59% Surce: T. Parker Hst Inc; Data prepared by Dyle Trading Cnsultants, LLC All met bund fr Brazil, China, Japan, Pland, Rmania, Sweden and United Kingdm. Other cnsisted f Cmmnwealth, EDF, Integrity, Javelin, Rbindale, Vitl. 430K tns f met bund fr Cratia, Finland, France, Germany, Rmania, Spain and Turkey. 928K tns f steam bund fr France, Germany, Italy, Mrcc, Netherlands and Prtugal. 2.13 mm tns f met vs 928K tns f steam in Oct. Nte: This data nly includes direct exprts fr which the cmpany is the shipper n recrd. Cmpanies als ship thrugh traders and thse shipments are nt included in this data.
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