Glencore estimates strong thermal coal demand from India and Vietnam

GLENCORE’S global seaborne thermal coal demand for the first half of 2019 is estimated to have grown around 6.3% versus H1 2018 with ongoing strength in Asia Pacific demand growth of 6% or 23 million tonnes, more than offsetting a 6% or 5Mt demand decline in the smaller Atlantic market.

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Glencore estimates strong thermal coal demand from India and Vietnam Glencore estimates strong thermal coal demand from India and Vietnam Glencore estimates strong thermal coal demand from India and Vietnam Glencore estimates strong thermal coal demand from India and Vietnam Glencore estimates strong thermal coal demand from India and Vietnam

Glencore's highest growth market was India, with imported thermal coal volumes increasing 17% or 14Mt year-on-year.

For H1 2019, the highest growth market was India, with imported thermal coal volumes increasing 17% or 14Mt year-on-year.

In the same period, thermal supply to Vietnam was up 113% or 7.